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Reduce corporate tax rate, says Macquarie

The corporation tax rate should be reduced to 25% if Australia wants to become a regional financial services hub, Macquarie Group has argued.

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Read more: Macquarie GroupAustraliaArthur SinodinosFinancial Services CouncilFinancial Services InquiryHong KongParliamentary SecretaryRegulatorySingaporeTreasurer Steven Ciobo