Australia

Full income tax package passes parliament

Parliament has passed the federal government's income tax cuts, with Australians earning up to $90,000 set to get an extra $1080 back within weeks.

The Morrison government's signature $158 billion income tax cut package has passed parliament.

In the first week of sitting since the coalition was re-elected in May, the government secured crossbench support in the Senate for the three-stage plan on Thursday evening.

Australians earning up to $90,000 will get an extra $1000 back in tax within weeks, while everyone earning between $45,000 and $200,000 will be on the same tax rate of 30 per cent from July 2024.

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