The door opens for a deal
After attempting to smoothly moonwalk away from a promise to keep the previous government’s stage 3 tax cuts, PM Anthony Albanese is standing firm on the changes he says will help “middle Australia” manage cost of living pressures. But it’s not a done deal with the changes having to pass the parliament – and to do that, some negotiation will be required… The Greens reckon the reforms are unfair to struggling Aussies and want to see the tax-free threshold lifted. And the Coalition thinks it’s dudding higher earners and that Albanese has broken trust with voters – but deputy Liberal leader Sussan Ley yesterday said they’ve got to “go through the fine print” before deciding if they’ll back/oppose the changes. This week, Albanese is touring the country talking up his plan ahead of parliament returning next week.
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