Australian Prime Minister Anthony Albanese has doubled down on his assertion the government’s position hasn’t changed on income tax cuts.
Speculation has continued that the government was considering changes to stage three tax cuts, due to come into effect in mid-2024.
Treasurer Jim Chalmers was accused by the opposition of laying the groundwork for changes to the legislated cuts during the week, warning of dire economic circumstances.
But on Sunday while in Perth, Albanese said the position on the cuts had not changed.
While concerns have been raised about the tax cuts adding to ramping inflation, the prime minister said the budget, due to be delivered in two weeks, would consider the current economic headwinds….