News

Abolish fringe benefits tax, bring back long lunch: Palmer

PRIME ministerial aspirant Clive Palmer wants to see a return to the good old days of the long lunch, claiming it would give people a chance to "come up with ideas" about the country's future.

The Palmer United Party leader told reporters in Canberra he wanted to abolish the fringe benefits tax on business lunches, a measure introduced by the Hawke government in 1985, as well as reintroduce tax deductibility for such outings.

Mr Palmer said the introduction of the FBT killed the weekday lunch trade, adding the PUP policy would stimulate the restaurant industry, create jobs and get people out of their offices.

"For too long people have stayed ... rabbited in their offices not talking to each other about what can be done," Mr Palmer said.

"If we go back to our economy in the '70s and the '80s we see it was much more vibrant, there were more things happening.

"We want to encourage people to have more interaction, to come up with more ideas about where this country should go."

Mr Palmer said the policy had been costed but would not be drawn on the price tag.

PUP has also proposed slashing the tax rate on second jobs by 50%.

The mining billionaire, who will contest the Sunshine Coast seat of Fairfax on September 14, was in Canberra to meet with potential candidates.

Mr Palmer said the party would achieve its goal of having candidates in all 150 lower house electorates by the end of the month, even though it has announced candidates for just 40 seats.

Asked if his candidates would have enough time to raise their profiles, Mr Palmer said the party's ideas would be enough to get them across the line.

The party recently announced former rugby league great Glenn Lazarus would head up the party's Senate ticket in Queensland.

Topics:  clive palmer, editors picks, federal election 2013, palmer united party




Jobs Queensland is a 'laughing stock': Bleijie

WHITE ELEPHANT: Jobs Queensland, based in the Ipswich Icon Tower, has created no jobs and has met with ridicule from the LNP.

Labor project struggling to get off the ground

5 Things to do in Ipswich this week

Boogie Woogies Eat Smart B Active will perform at Ipswich Civic Centre on July 23. Tricky Tony (Karl Pitkin), Lovable Sally (Selina Box), Guitar Dave (David McCallum) and Super Mandy (Samantha Green).

5 Things to do in Ipswich this week

Latest deals and offers

Pop icon and former Neighbours star buys into Byron

Singer Natalie Imbruglia. Supplied by Sony Music Australia.

Former actor turned pop singer joins Byron celebrity rush.

MASTERCHEF: Coast cooks to dominate finals

SO CLOSE: MasterChef's final four, from left, Matt Sinclair, Elise Franciskovic, Harry Foster and Elena Duggan. Elise’s elimination means now only the three Sunshine Coast contestants remain in the competition.

MasterChef finals will be mandatory viewing in three Coast homes

The best and worst bits of Splendour from our experts

The Amphitheatre received Flume with open arms and danced to his music on Sunday night.

The good, the bad and the plain weird

Elise's emotional exit from MasterChef quarter finals

MasterChef Australia Top 4 contestant Elise Franciskovic.

CAIRNS cook struggles after receiving letter from fiance.

Reno stars want tradies to focus a little more on one thing

The Demmrichs want Tradies to look after their most important tool

Fashionistas show off at Splendour in the Grass

Amberly Nelson, from Melbourne, posts for a photo with friends at Splendour in the Grass.

GLITTER, skin and mesh were all on show at festival this weekend.

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles