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The Guardian - AU
The Guardian - AU
National
Paul Gallagher

Morning Mail: cost of tax cuts to soar, Biden cancels Australia visit, call to regulate AI

Australian bank notes
High income earners and men are likely to benefit the most from stage-three tax cuts, new data has revealed. Photograph: Chameleons Eye/Rex/Shutterstock

Good morning. Our top story focuses on the ballooning costs of stage-three income tax cuts, with new analysis revealing they could rise to as much as $313bn over a decade – with the wealthy and men set to benefit the most. Meanwhile, NSW taxpayers are having to fund indemnity for organisations against child abuse claims. Plus: Joe Biden has had to cancel his Australian trip next week, and an antidote may have been found for the toxin in death cap mushrooms.

Australia

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