Prime Minister Anthony Albanese announced the winners of the Australian of the Year Awards after unveiling changes to the stage 3 tax package.
Labor is claiming an economic gain from its overhaul of the stage 3 tax cuts,as Opposition Leader Peter Dutton demands an election to put the new plan to the people.
The biggest flaw with the stage 3 tax cut rejig is the sheer lack of policy ambition and vision involved in Anthony Albanese’s plan.
Your guide to how the tax changes will affect you.
Anthony Albanese says the government’s new tax plan will save the budget money over the long term and will encourage more people into the workforce.
Deputy Opposition Leader Sussan Ley has backflipped on her comments pledging to roll back the Labor government’s changes to stage 3 tax cuts if the Coalition won the next election.
The Coalition says the changes are an “egregious betrayal” of the Australian people.
Labor MPs have agreed to reduce the amount of tax paid by people in the lowest tax bracket and change the threshold for the top tax rate.
Anthony Albanese is taking his largest ever political risk by overhauling the stage 3 tax cuts. But he is betting a broken promise will be offset by tax relief.
Prime Minister Anthony Albanese has cleared the way for a furious political fight over tax reform by securing a cabinet decision to offer bigger tax cuts to workers who earn up to $150,000 a year by amending the stage 3 tax package.
From the 2022 election to as recent as early January,Prime Minister Anthony Albanese committed to the tax package.