Good afternoon. The opposition leader, Peter Dutton, says the Coalition won’t stand in the way of Labor’s changes to the stage-three tax cuts, all but assuring they will pass parliament this month.
The Coalition will seek amendments but ultimately won’t oppose the changes, which which increase benefits to low- and middle-income earners and reduce the cuts for the wealthy. New analysis has shown that Nationals seats stand to gain the most from the changes, receiving an extra $451m a year, an average of $326 a taxpayer. That’s $100 more than the average taxpayer in Liberal seats ($226) and Labor seats ($229).
