Why carry out the Stage Three Tax cuts? And what's the alternative?

JIM CHALMERS PRESSER

Australian Treasurer Jim Chalmers Source: AAP / LUKAS COCH/AAPIMAGE

All eyes will be on the Labor Government's first budget next week [[Oct 25]] - with the fate of the Coalition's Stage Three Tax Cuts dominating debate in the lead-up. The legislation passed in 2019 with the then Labor Opposition's support, despite that party's reservations over the tax cuts, due to begin in 2024-25. Having promised 'no change' to the policy during the election campaign - the Albanese government faces a backlash if the cuts are delayed or amended.



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Why carry out the Stage Three Tax cuts? And what's the alternative? | SBS Russian