Hockey talks up tax cuts

Treasurer Joe Hockey says the Federal Government can afford to deliver income tax cuts and still balance the budget within five years.

Hockey talks up tax cutsHockey talks up tax cuts

Hockey talks up tax cuts

Mr Hockey has promised to take personal income-tax cuts to the next election but has not said how the government would fund them.

 

Labor says it does not believe Mr Hockey can deliver on the promise without increasing other taxes.

 

And it says the move is just a political ploy ahead of the important by-election in the West Australian seat of Canning.

 

Amanda Cavill reports.

 






Share

1 min read

Published

Updated


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world