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AAP
AAP
Politics
Maeve Bannister

PM stands by tax cut changes for 'every Australian'

Australia Anthony Albanese Tax Cuts
The government will introduce legislation for tax changes when parliament resumes in February. (Dan Peled/AAP PHOTOS)

Anthony Albanese has ruled out an increase to welfare payments in exchange for crossbench support to ensure the passage of the government's proposed changes to stage three tax cuts.

Under a reworked scheme unveiled by the prime minister on Thursday, anyone earning less than $150,000 will receive a larger tax cut while those earning more are in line for a smaller benefit than previously promised.

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