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The Guardian - AU
The Guardian - AU
National
Sarah Martin

Analysis shows federal politicians will pocket more than $18m over 10 years from stage three tax cuts

Australian Treasurer Jim Chalmers speaks to media during a press conference at Parliament House
In response to questions on the stage three tax cuts, the federal treasurer Jim Chalmers has said his focus is on more pressing matters in the economy. Photograph: Lukas Coch/AAP

Federal politicians will pocket more than $18m over the next decade from the stage three tax cuts, with an immediate $2m boost to the pay packets of all 227 MPs and senators from 2024.

As parliament resumes on Monday for three days of sitting before budget week, the Greens have released new modelling from the parliamentary budget office that outlines the benefits set to flow to MPs as a result of the already legislated tax cuts.

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