Kim Carr (Victoria, Australian Labor Party, Shadow Minister Assisting the Leader for Science) Share this | Hansard source

No, but this is what it says:

Consistent with the Government’s commitment to cut the company tax rate from 1 July 2015, the Government will preserve the relative value of the Research and Development Tax Incentive by reducing the rates of the refundable and non-refundable offsets by 1.5 percentage points, effective from 1 July 2014.

That is a direct quote from budget paper No. 2—so the government itself sought to base a relationship between the company tax rate and the R&D tax incentive. Is it your intention to reduce the company tax rate by 1.5 per cent, or are the reports that you no longer wish to proceed with that matter true?