Low to middle-income earners better off

Treasurer Scott Morrison and Minister for Finance Mathias Cormann at a picture opportunity for Budget 2018 Source: AAP

Retirees and older Australians will get a multi-million dollar boost in the federal budget, with a special aged care statement aimed at clawing back support from older voters. Low and middle-income earners are also expected to benefit, with tax cuts worth up to 10-dollars-50 a week. The tax relief will be delivered by an increase to the Low Income Tax Offset from July 1. Dina Gerolymou and Themis Kallos discuss the story.

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