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The Latest Breaking News from Tax Cuts

A broken promise or changed times? Canberrans have their say

'Don't stick with something that might not work.'

The Canberra Times

The stage-three tax cuts are finally being revised. The rich complaining Labor broke its promise just sound vulgar

Anyone wishing to make hay of Albanese’s ‘broken promise’ deserves to be asked to just whom in the electorate this promise was made

The Guardian - AU

Treasury estimated stage-three tax cut changes would add 0.1 percentage point to inflation

RBA hasn’t modelled whether Albanese government’s redistribution of tax cuts could add to inflation, but isn’t expected to adjust its forecasts

The Guardian - AU

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A taxonomy of tax cut takes: How the stage three changes played across Australian newspapers

Crikey takes a look at how Labor’s stage three tax cuts flip has played in the nation’s media.

Crikey

Stage-three tax cuts: how the Albanese government’s changes will affect you

Federal cabinet has approved an overhaul of the Morrison government’s scheme. See how much you will receive under the new package

The Guardian - AU

Coalition stumbles out of the blocks on Albanese’s sneaky tax change

Labor has broken a major election promise on tax cuts — but it’s the opposition facing questions over whether it would lift taxes on low- and middle-income earners.

Crikey

Sussan Ley retreats from comments suggesting Coalition would repeal Labor’s stage-three tax cut changes

Deputy opposition leader denies promising to roll back Albanese government’s changes and says Labor ‘lied’ about the tax cuts

The Guardian - AU

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Queensland residents brace for cyclone – as it happened

This blog is now closed

The Guardian - AU

Fatter wallets for 84% of Australians

Average-wage earners will pocket more than $1,500 in tax relief under Labor’s changes to the stage three tax cuts, and Alex Zverev thoroughly defeated dual grand slam champion Carlos Alcaraz last night, leaving the Australian Open race wide open.

Crikey

PM justifies rejigged tax cuts as cost-of-living relief

The prime minister has backed his government's reworked income tax package as the best way forward for struggling workers.

AAP

Albanese promises to double tax relief for average-income Australians in stage-three overhaul

Prime minister to use National Press Club address to defend new plan as the ‘right thing to do’

The Guardian - AU

The old stage-three cuts are dead. Long live Labor’s new policy, which 90% of Australians will cheer

The Coalition will shout about a broken promise. But that argument is unconvincing when you look at the numbers

The Guardian - AU

Labor MPs endorse changes to stage-three tax cuts

Move will spark fierce political battle for Albanese government as opposition vows to roll back changes if they win government

The Guardian - AU

Afternoon Update: Trump wins New Hampshire primary; Labor to amend stage-three tax cuts; and former News Corp boss appointed ABC chair

New Hampshire primary result suggests smooth path to GOP nomination for Donald Trump

The Guardian - AU

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Crikey

Albanese’s broken tax promise fires the gun on the next election campaign

The PM’s planned changes to the stage three tax cuts might be good policy but the broken promise will have Peter Dutton jumping for joy.

The Guardian - AU

Stage-three tax cuts: cabinet approves new cost-of-living relief for workers on less than $150,000

Taxpayers earning under $150,000 would be better off under a plan to retain the 37% tax bracket, unwinding the Morrison government’s stage-three tax cuts due to come into effect this year

AAP

Middle income earners primed for extra tax relief

The prime minister says middle income earners are at the centre of an income tax overhaul that he will flesh out in a speech on Thursday.

Evening Standard

Tax cuts are tempting, but Hunt must act for the long term

City Comment: Long after the dust has settled on the election, the Chancellor will be judged on whether he delivered a responsible and sustainable Budget

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The Guardian - AU

Labor poised to alter stage-three tax cuts for cost-of-living relief as bitter stoush with Coalition looms

Caucus meeting in Canberra on Wednesday to hammer out ‘substantial’ cost-of-living relief to low- and middle-income earners

The Guardian - UK

Jeremy Hunt has room for £20bn tax cuts after borrowing halves year on year

December deficit is less than expected at £14bn – the lowest for the month since 2019

The Guardian - AU

Anthony Albanese hoses down claims stage-three tax cuts will be changed to pay for cost of living relief

Prime minister says ‘everyone will be getting a tax cut’ on KIIS FM after 2GB says government considering lifting tax-free threshold while retaining highest tax bracket at $180,000

International Business Times UK

UK Economic Revival Predicted: Falling Inflation and Tax Cuts Set Stage for Growth

A recent study conducted by the EY Item Club, a prominent forecasting body sponsored by EY, suggests that the nation is poised for a resurgence in the latter half of the year.

Crikey

NSW minister’s wife ‘disciplined’ for pro-Palestine stand

The teacher wife of NSW minister Jihad Dib has been ‘disciplined’ for her pro-Palestinian activism at school, and Labor has reiterated its position on the stage three tax cuts has not changed.

The Guardian - AU

Morning Mail: Albanese urged to scrap tax cuts, call for supermarket power probe, Haley trails Trump in key primary

The controversial Coalition-era cuts are too expensive, Greens argue; Nikki Haley faces tough test in New Hampshire

AAP

Labor on vote-buying spree promising tax cuts for all

Anthony Albanese is promising middle Australia will be the focus of cost-of-living support, as speculation mounts about changes to stage three tax cuts.

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