10 million Aussies hit with tax hike

More than 10 million middle-income Australians will face one of the largest tax increases in history after the May federal budget as households deal with rapid increases in interest rates and cost-of-living surges. Govindarajan Appu, a columnist on economics, a certified public accountant and associated chartered accountant in Perth, explains more about it. Produced by Renuka

Credit: Getty Images. Inset:Appu Govindarajan

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