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Bowen said Labor favoured better targeted concessions but believed tax law changes should not be retrospective in principle.
These voters need to be enthused, he says, and to be given reasons to vote; which was the chancellor's second aim in his budget.The way Mr Brown chose to do that was by making some carefully targeted concessions.
The result is riots, strikes, and simmering social unrest which the CPC must either repress by force or tamp down by targeted concessions.
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The government's budget is likely to offer targeted tax concessions to boost investment, by no means a bad idea.
Coalition: The Coalition is targeting super concessions at the top end, and at the bottom.
The study specifically targeted two plantation concessions, with a focus on determining the relative importance of different vegetation types in the concessions for orangutans, as well as the potential of certain areas to serve as corridors between remnants stands of natural forest.
On Monday evening, The Financial Times published an opinion article by Patrick Zelnik, the president of the French label Naïve and an Impala board member, saying that he would support Universal's EMI bid if it agreed to concessions including "targeted, surgical divestitures to independents instead of to hedge funds, private equity of pension funds".
Full restructuring of this scheme is required and should involve phasing out the subsidies for mining and road transport over a three-year period, with better targeting of remaining concessions," the report said.
Morrison replied: "Why don't they deserve a fair go?" When pressed on possible changes to superannuation tax concessions targeting the top end, Morrison said the government was yet to put forward any specific proposals and he was mindful of the need for stability and certainty in the system.
None of the obvious targets – superannuation concessions, negative gearing and the associated concessional treatment of capital gains, diesel fuel rebates and so on – have been touched.
The budget targeted the wealthiest Australians with tighter superannuation tax concessions, saving $2.9bn over four years, the Turnbull government has said.
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