The prime minister, Anthony Albanese, has defended Labor’s plan to make stage-three tax cuts less generous for high-income earners to pay for substantial cost of living relief for others, arguing he must make the “right” decision, not the “easy” one.
All taxpayers earning less than $150,000 will benefit from the Albanese government’s plan to reduce tax cuts for high-income earners, including workers earning less than $45,000 who were slated to miss out on stage-three cuts.
