Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts

9 months ago 68

The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives

Come 1 July, Australian taxpayers will have $20bn more to spend, a pulse of demand in the economy that will keep interest rates higher than they otherwise would be.

That is courtesy of the controversial stage-three tax cuts that are legislated and, it seems, unlikely to be delayed or modified by the federal government.

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