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Government says “no" to cheaper beer: Moore



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MEDIA RELEASE

JOHN MOORE M P COMMONWEALTH

p a r l ia m e n t a r y library MICAH

SHADOW MINISTER FOR

BUSINESS and CONSUMER AFFAIRS

> o .

COMMONWEALTH PARLIAMENTARY LIBRARY MICAH

GOVERNMENT SAYS "NO" TO CHEAPER BEER : MOORE

"The Hawke Government has some perverse notion that Australian business should pay tax over and above its assessed legal liability", according to John Moore, Opposition Spokesman for Business and Consumer Affairs.

"CUB's attempt to provide cheaper beer to Australians has met with an onslaught of cheap political grandstanding from Government ministers.

Mr. Moore said of course companies have an obligation to meet their tax liabilities, but they were not created to be used as milch-cows to satisfy the whims of politicians.

"Because of the Government's difficulties in meeting their tax cut promises, they're turning the heat up on those businesses who are managing to keep their head above water.

"Our few competitive and productive businesses become public whipping boys when they dare to use their entrepreneurial spirit.

"The Government's anti-business stance means retrospective legislation may be enacted to quash any entrepreneurial spirit - sending shudders down the spine of the entire business community.

"Senator Walsh seems to believe Australian businesses should pay more tax than they are obliged to so the Government can continue their free-wheeling spending policies - this is fanciful nonsense.

"Once companies have fulfilled their taxation commitments under the law...other responsibilities come into the picture - like delivering better returns to shareholders and lowest possible prices for consumers.

"It's a laudable objective to arrange one's financial affairs within the law in order to offer lower prices.

"This would have been the first fall in beer prices for a very long time. The Labor Goverment has CPI'd beer to death so it's become a luxury item.

13 February, 1989

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