The Turnbull Government proposed company tax cut would cut national income for years before it boosted it and would never be self-funding, a new analysis from the Grattan Institute has found.

All high income Australians would pay the 1 to 1.5 per cent Medicare Levy Surcharge under a budget proposal that would raise a breathtaking $4 billion per year, more than 6 times the net amount saved in the first Turnbull budget.

It is the battle between a businessman who lost a billion-dollar birthright and his family, who didn't.

(Bloomberg) -- Brazil is moving to cast off the last shackles of government influence at iron-ore giant Vale SA -- but not before replacing the CEO with someone more politically palatable.

Investors are losing patience with Cromwell in its battle for control of the $2.7 billion Investa Office Fund, with some saying it its getting to the "unreasonable" level.