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Care economy workers ‘the big winners’ in tax cuts overhaul
Workers in the care economy will significantly benefit from Labor’s redesigned stage three income tax cuts, with more than 97 per cent of aged and disability carers, childcare workers and nurses receiving a bigger tax cut than under the original plan. Source: The Australian.
Coalition to wave through stage 3 tax cut changes
The Coalition has agreed at a partyroom meeting to wave through the Albanese Government’s changes to the stage 3 tax cuts. Source: ABC News.
Low-income earners unable to ‘budget’ out of cost-of-living crisis
People experiencing poverty and job insecurity are increasingly unable to budget their way out of financial crisis, a new report from the Brotherhood of St Laurence has found. Source: The Guardian.
Chalmers urges Opposition to back controversial tax cuts to ease cost of living
Legislation to change the controversial stage 3 cuts will be introduced into Parliament next week, with Treasurer Jim Chalmers insisting the tax cuts were designed to ease the cost of living. Source: The Age.
Emmanuel City Mission sees surge in demand
More people are seeing their budgets slip into the red with rises in rent, fuel and power bills, and the staff at Brisbane’s Emmanuel City Mission are seeing more newcomers through their door. Source: The Catholic Leader.
Chalmers says tax changes will benefit ‘the many’ rather than ‘the few’
The Albanese Government, in an election promise backflip, will overhaul stage 3 tax cuts, leaving most Australians with extra cash in their pocket when the measures take effect in July. Source: ABC News.
Labor ‘looking at’ cost-of-living relief for low- and middle-income earners
Low- and middle-income earners could receive additional cost-of-living relief, Prime Minister Anthony Albanese has indicated, as federal Labor politicians return to Canberra early to decide whether to take further action. Source: Canberra Times.
Albanese recalls MPs two weeks early to tackle cost-of-living crisis
Prime Minister Anthony Albanese has called Labor MPs back to Canberra nearly two weeks early to discuss the cost-of-living crisis facing Australian households. Source: ABC News.
Community advocates urge Government to drop tax cuts
Controversial tax cuts that would benefit high earners must be scrapped to fund desperately needed cost-of-living relief, welfare advocates say. Source: The New Daily.