Morning News: Income tax cuts lead more Australians to quickly lodge tax returns

How the tax offsets announced in this year's budget in Australia will be received Source: Getty Images

The federal government's income tax cuts have led 2.9 million Australians to quickly lodge their tax returns - an increase of 460,000 on the same time last year.

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Treasurer Josh Frydenberg says more than $3 billion in refunds have so far been provided to taxpayers for the past financial year.

He says these refunds are providing a boost to the economy.