News Regional21 May 2019

Australia:Insurance Council calls on new govt to look at tax reforms on insurance products


Following the re-election of Australian Prime Minister Scott Morrison, the Insurance Council of Australia (ICA) CEO and executive director Rob Whelan has reiterated the council's commitment towards working with the Morrison government on implementing reforms from the Hayne Royal Commission. In a statement congratulating Mr Morrison and the coalition on the election victory, Mr Whelan has called upon the new government to renew the tax reform agenda, with a focus on encouraging the removal of inefficient and unfair state taxes and levies on insurance products.

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