‘Differences of opinion’ within Labor over stage-three tax cuts amid worsening economic outlook

Assistant treasurer Stephen Jones says government not walking away' from previous policy but framing budget in difficult' circumstances

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There are differences of opinion" within the government about what to do over the stage-three tax cuts, and the focus of the budget will be to not make a bad situation worse", the assistant treasurer, Stephen Jones, has said.

The government's expenditure review committee is meeting this week to work out whether to amend its position on the third stage of the tax cuts ahead of the 25 October budget. The treasurer, Jim Chalmers, has made clear the tax cuts are under review amid a worsening economic outlook.

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