Australian farmers welcome Coalition’s 15pc backpacker tax compromise

AUSTRALIA’S farmers are looking forward to a quick resolution to the backpacker tax debate after the Federal Government today announced it will support a 15 percent rate for working overseas holiday-makers. Treasurer Scott Morrison said the Coalition will support a 15 per cent tax rate for working holiday makers and introducing a bill into the House of Representatives, after a deal with Senator Nick Xenophon. The Coalition initially wanted a backpacker tax rate of 32.5pc, but lost a vote for a 19pc rate in the Senate last week, with Labor, the Greens and cross benchers wanting a 10.5pc tax. The…

Source: Sheep Central
Australian farmers welcome Coalition’s 15pc backpacker tax compromise