Suddenly, there’s talk about Labor reforming company tax. What did minister Ed Husic say, and what might actually work?

When politicians talk about business tax reform, and talk about using it to stimulate investment, they are usually referring to one of (or a mix of) three things:

• cutting the company tax rate

• offering investment incentives

• broader corporate income tax reform.

The first two change features of the system, the last one changes the system itself.