Tax change welcomed but groups rue 'missed opportunity'

People on income support are worst affected by the cost-of-living crisis, says ACOSS. (Dan Peled/AAP PHOTOS)

Welfare groups have called on the government for further tax reform measures to address inequality, after changes to stage three tax cuts were unveiled.

Under the proposed changes, which will take effect from July 1, Australians earning an average $73,000 will get a tax cut of more than $1500 a year.