Wednesday, May 23, 2018

3. Strengthen Australia agriculture industry via 50% Tax cut to agriculture industry

The agriculture industry is the most important funding stone for any economy. There are a lot of things, people can live without, but one thing, nobody cannot live without is food. Fortune, Australia traditionally has a very healthy agriculture industry, in addition, been a large country, it also mean, Australia got a lot of land, for agriculture use (despite, ill policies in the past has mean, a lot of most fertile land are been used for housing rather then farming) Till date, Australia is one of the largest food exporter in the world.

But in recent years, the increase focus on mining tend to hurt the agriculture industry. By giving the agriculture industry up to 50% tax cut, it helps to strengthen the agriculture industry of Australia and might also help to decrease the cost of living in Australia, by decreasing the cost of food in Australia

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