The business lobby argues this year’s minimum wage rise should be discounted because of the benefit the government’s tax changes will bring to people on low incomes.
Some economists have raised fears the new stage 3 tax cuts could add to inflation. But the prime minister,Treasury and analysts say they will aid the economy.
Anthony Albanese says Labor’s stage 3 tax-cut changes are about not leaving the low-paid behind.
The suite of sweet savings in the works this year means a massive opportunity to save on your home loan.
While the Albanese government needs to rebuild faith with struggling voters who feel ignored,the Coalition sees the byelection in Melbourne’s south-east as a test of its path back to power.
The story of the stage 3 tax cuts,and the biggest broken promise of the past decade,is about a fast decision that came after years of reluctance.
Greens leader Adam Bandt said the party wants even more support for low and middle-income earners as the government works to get the tax changes through the Senate before July 1.
Promises can legitimately be broken,but that requires an extraordinary change of circumstance:the kind that renders the original policy newly absurd. That doesn’t exist here.
The air’s been thick with economists making confusing statements on the changes to stage 3 tax cuts.
David Geelan and colleague Traci-Ann Garrad are mulling over the question facing all Australians – how will the tax changes affect me?
The political debate over Labor’s broken promise on the stage 3 tax cuts is well under way. But there’s a battle on another front too.