Via ABC (the local public broadcaster here in Australia):
- The Federal Government has formally revealed it will not go ahead with a promised company tax cut for big businesses
- But nor will larger companies be forced to pay a levy that was designed to help fund the Prime Minister's dumped paid parental leave scheme
- the 1.5 per cent tax cut for small business will go ahead
- Tony Abbott will reveal the changes in a speech to a business lunch in Sydney today
