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Didn't the Coalition bring out a White Paper largely based on this a few months ago which was widely ridiculed by Labor at the time?
Why the Northern Territory? I thought their economy was reasonably healthy.
Why would such a policy not result in companies notionally basing their operations up there for the tax concessions and continuing to operate in other parts of Australia as they do now?
Effectively it would be to advertise the NT as Australia's own tax haven.
If any part of Australia needs preferential treatment it would seem to be Tasmania.
It is just showing Rudd is a policy leach.
He is starting to look like a very shallow politician.IMO