marginal tax rate

Delivering his first federal budget and the first “re-do” budget Australia has ever seen, Treasurer Jim Chalmers has handed down a very different economic plan to the one his predecessor left us with earlier this year.The March federal…

Prime Minister Anthony Albanese and Treasurer Jim Chalmers have handed down their first budget in the face of soaring inflation and a dark outlook for the global economy.Despite a boost to the bottom line of more than $40 billion off the…

Australians could access better mental health treatment, children could be lifted out of poverty and aged care homes could be properly staffed if the stage 3 tax cuts were scrapped.That’s the argument from a coalition of unions and public…

Prime Minister Anthony Albanese is set to hand down his government’s first budget on Tuesday, October 25, in the face of soaring inflation and a dark outlook for the global economy.Treasurer Jim Chalmers has warned Australians to brace for…

As Labor prepares to hand down its federal budget amid recessions in other countries, many people are focused on potential changes to the stage three tax cuts.That is despite Prime Minister Anthony Albanese repeatedly saying he has no plans…

Labor frontbencher Tanya Plibersek has criticised the UK’s now-scrapped tax plan for high income earners as not “sensible” amid reports that the Albanese Government has canvassed a proposal to cap 2024 tax cuts for the rich.Defending the…

Almost twice as many Australians want the “stage 3” income tax cuts scrapped as those who want to keep them, a new survey suggests.The Australia Institute has released a poll which found 41 per cent of people support the Albanese government…