Rudd stands firm on employee share scheme changes

By Jessica Stanic · 19 May 2009 · News

Rudd Defies Critics on Employee Share Scheme

Prime Minister Kevin Rudd is standing firm on proposed changes to employee share ownership schemes, despite growing opposition. But what's behind the Government's decision to target high-income earners?

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Summary

Despite increasing criticism from business groups and unions about the Rudd Government’s proposed changes to employee share ownership schemes, Prime Minister Kevin Rudd is standing firm on his decision. The Government believes the move is designed to target high-income earners who are using the scheme for tax minimisation. The scheme means that employees have to […]