How will Stage 3 tax cuts affect you?

Tax Cut Concept; Right: Gokul Chandrasekaran

Tax Cut Concept (Getty Images); Right: Gokul Chandrasekaran Source: Moment RF / Nora Carol Photography/Getty Images

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Published 29 January 2024 9:30am

By Kulasegaram Sanchayan

Source: SBS

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Prime Minister Anthony Albanese recently revealed adjustments to the stage three tax cuts. Citing inflation and the challenges of rising living costs, he explained that modifications were necessary for the planned tax cuts scheduled to be implemented in July.

The changes aim to prioritise benefits for lower- and middle-income earners. Kulasegaram Sanchayan delves into this topic with insights from Gokul Chandrasekaran, a political observer based in Canberra.

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