Jim McIlroy

Federal Treasurer Scott Morrison has ramped up calls for tax cuts to big business in an October 24 speech to launch the Productivity Commission's latest report.

Morrison claims corporate tax cuts are "an urgent matter" now that conservative governments in the United States, Britain and France are moving to slash big business taxes. Australia risks becoming an "uncompetitive tax island" if it does not follow suit, Morrison claimed.

The United Socialist Party of Venezuela’s (PSUV) victory in the October 15 elections for state governors is a major blow to the country’s right-wing opposition, as well as to its backers in Washington and Europe.

The victory also marks a significant step forward in the struggle to defend the gains of the almost two decade-long pro-poor Bolivarian Revolution, spearheaded by late former President Hugo Chavez.