Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Our future economic prosperity and our future economic security depends on our capacity to continue to attract foreign investment. Our biggest source of direct foreign investment is the United States. The United States has a tax rate of 21 per cent. We have a tax rate for businesses over $50 million of 30 per cent. Where do you think those that are currently delivering most of our foreign direct investment will invest in the future?