The Latest Breaking News from Tax Cuts

Projected to cost $240 billion over 10 years, the Stage 3 tax cuts would go a long way to help pay for the submarine project.

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early…

Income tax cuts are back at the centre of debate as key independents say the public won’t tolerate another tax break for the very wealthy.

Pressure is mounting on the federal government over tax cuts, amid support for super changes and ahead of another interest rate rise.

Coalition accuses government of misrepresenting impact, while crossbenchers push to further tighten tax breaks for wealthy

Tax cuts would only be offered to certain Texans, excluding LGBTQ+, single or divorced parents

Nick McKim says Albanese government proceeding with stage-three tax cuts means a ‘money-go-round scheme for the rich’

If you were being really cynical, you might say the government should have hacked into those stage 3 tax cuts, while leaving super alone. That would have received much the same political angst, but saved a heap more revenue.

Abbott’s spending proposals also include spending $750 million on school safety and mental health services and expanding postpartum Medicaid to a year.