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Qantas boss worried over fate of tax cut

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February 15, 2018

Alan Joyce is concerned Australia will be less competitive if the company tax rate isn't lowered.

Qantas chief Alan Joyce is concerned Australia will become less competitive and lose investment if the company tax rate is not lowered as the federal government plans.

"That will mean the economy will struggle here compared to the rest of the world, that will mean Qantas and other companies won't do as well," the airline boss told ABC radio on Thursday.

The Turnbull government wants to lower the company tax rate to 25 per cent for all businesses but its legislation looks like being blocked in the Senate.

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