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The Latest Breaking News from Tax Cuts

Coalition energises race for votes with gas and petrol

The coalition have pledged gas investment to bring down power prices as they position themselves as stronger leaders for the nation ahead of the election.

AAP

We calculated how much Dutton’s excise cut would save you on fuel – and few will save as much as promised

The opposition has unveiled its response to Labor’s A$17 billion “top-up” tax cuts outlined in Tuesday night’s federal budget: cheaper fuel for Australians.

The Conversation

Australia’s PM Anthony Albanese set to call election ‘imminently’

Prime Minister Albanese’s Labor Party has introduced new tax cuts in advance of general election due before May 17.

Al Jazeera

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Labor gets tick on tax cut, Liberal fuel plan sputters

Labor's election tax cuts will provide a "meaningful" boost to the economy, while the coalition's fuel excise cuts have been labelled economically "silly".

AAP

300 of America’s wealthiest citizens ask Congress not to carry out tax breaks for them. Here’s why

Group of wealthy Americans includes member of the Disney family, founder of Seventh Generation, heir to the Rockefeller family and more

The Independent UK

Cheaper power bills pledge as Dutton spurs gas supply

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.

AAP

Labor’s budget tax cuts make good economic sense – and have backed Dutton and Taylor into a political corner

The tax cuts announced in Jim Chalmers’ fourth budget have left the opposition leader and shadow treasurer with limited options

The Guardian - AU

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Politics with Michelle Grattan: Jim Chalmers and Angus Taylor on tax top-ups and budget bottom lines

As the election starter’s gun is about to be fired, Tuesday’s budget announced modest income tax cuts as the government’s latest cost-of-living measure. The Coalition has opposed the tax relief, with Peter Dutton’s Thursday budget reply to put forward his policy counters on the cost of living.

The Conversation

Afternoon Update: budget tax cuts pass lower house; easing inflation boosts rate cut hopes; and a dachshund on the run

Labor’s legislation passes the lower house without Coalition support

The Guardian - AU

Is this the right budget for these economic times? We asked 5 experts

Treasurer Jim Chalmers has described the income tax cuts in this week’s federal budget as a “top-up”. They will amount to roughly one cup of coffee a week for every taxpayer in the first year.

The Conversation

Morning Mail: Coalition won’t back tax cuts, Black Sea truce agreed, a Perth power play

Treasurer springs surprise with tax cuts and puts opposition on the defensive; Russia and Ukraine will ‘eliminate the use of force’ in area

The Guardian - AU

Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

AAP

Jim Chalmers’ 2025 budget speech abridged and annotated – the economy is OK and we’re heading into an election

What the treasurer said – and what we can read between the lines of the budget night speech

The Guardian - AU

How Will The 2025 Budget Affect Young Aussie Women?

New tax cuts, cheaper contraceptives and more — here’s everything you need to know.

Pedestrian.tv

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The Guardian - AU

Australia budget 2025: the seven graphs you need to see

These are pure Labor tax cuts – just what the ALP should be all about – but why are we still letting gas companies get off scot-free?

The Guardian - AU

Australian federal budget tax cuts: how much will your household receive?

Tax cuts are the major highlight of what Labor’s 2025 budget is doing for households

The Guardian - AU

What the federal budget means for your generation – gen Z, millennial, gen X or boomer

Tax cuts, more funding for Medicare bulk billing, the PBS and education are all welcome – but a lack of ambition on housing is a sore point

The Guardian - AU

Australia’s tax take is higher – but so are debt and deficit in this year’s budget

Higher-than-expected revenue has put the economy in a stronger position than last year and is helping fund pre-election policies including tax cuts

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Pedestrian.tv

Tax Cuts & Cheaper Healthcare: 9 Major Takeaways From The 2025 Federal Budget

If you're looking for a handy guide about the 2025 Federal Budget and how it affects young Aussies, we've got you covered.

The Conversation

Albanese government bids for votes with ‘top-up’ tax cuts for all

Tax cuts are the centrepiece of the Albanese government’s cost-of-living budget bid for re-election in May. The surprise tax measures mean taxpayers will receive an extra tax cut of up to A$268 from July 1 next year and up to $536 every year from July 1 2027.

The Conversation

A ‘modest’ tax bribe, delivered against dark clouds of Trump-induced uncertainty

The Albanese government’s fourth budget is a pitch for the votes of a sour and alienated electorate, framed against a background of extraordinary international uncertainty.

The Conversation

Tax cuts are coming, but not soon, in a cautious budget

Today’s budget is a cautious and responsible response to the cost-of-living pressures facing voters.

AAP

Taxpayers to get $10 a week cut in pre-election budget

All taxpayers will get two rounds of cuts but only starting from July 2026, as Treasurer Jim Chalmers makes the case for a second Labor term.

Roll Call

Congress returns for three-week sprint session - Roll Call

Both the House and Senate come back from recess this week to begin a busy three-week period that’s expected to focus on Republicans’ budget reconciliation agenda, including extending and expanding tax cuts and tightening immigration policy. The top items on the House agenda this week, meanwhile, will include more measures…

The Independent UK

Income tax cuts and jobs at risk due to trade war, Donohoe says

Government plans for tax cuts may have to be postponed due to the threat of a global trade war, the finance minister has said.

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