Greens warn Labor stage-three tax cuts will add to inflation and bring little relief for most workers

Party releases Parliamentary Budget Office estimates that the cuts will cost $323.6bn over a decade in bid to influence government

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The Greens have warned that stage-three tax cuts will add to inflation by injecting $20.7bn into the economy in their first year while failing to compensate low- and middle-income earners for bracket creep.

The party has released new Parliamentary Budget Office estimates that the cuts will cost $323.6bn over a decade as part of a last-ditch push to influence Albanese government deliberations over the future of the cuts, which deliver a $9,000 tax cut to those earning $200,000 or more.

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