Peter Dutton calls for election over ‘very significant change’ to stage-three tax cuts

Anthony Albanese concedes Labor has changed tax policy but says he had ‘responsibility to act’ given cost of living pressures

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The opposition leader, Peter Dutton, has demanded Anthony Albanese call an election to win a fresh mandate for the revamped income tax plan because it is a “significant change” to stage-three cuts that favoured high-income earners.

Labor’s new tax cuts, unveiled by the prime minister on Thursday, would give back $359bn over 10 years to Australians, delivering bigger savings to all taxpayers earning less than $146,486 and doubling tax relief for those on the average income.

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