Moving forward with finances
Money matters are in focus today with the Albanese Government’s proposed changes to the Stage 3 tax cut legislation to be put before the House of Reps. Reports say the Coalition is tipped to support the plan, while the Greens are still deciding, but either way, PM Anthony Albanese wants it sorted by Easter. Albanese copped a lot of flak after breaking his election promise to leave the tax cuts be, but the changes look set to pass with polling showing they’re popular with voters. Meanwhile in Sydney, the Reserve Bank board is expected to leave interest rates on hold as their new format 2-day meeting wraps up today. Whatever happens, Governor Michele Bullock will front a press conference this arvo to explain as part of moves to improve transparency.
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