Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts
by Peter Hannam from World news | The Guardian on (#6HV0B)
The cuts are already baked into the RBA's forecasts and economists say there is little point looking at alternatives
Come 1 July, Australian taxpayers will have $20bn more to spend, a pulse of demand in the economy that will keep interest rates higher than they otherwise would be.
That is courtesy of the controversial stage-three tax cuts that are legislated and, it seems, unlikely to be delayed or modified by the federal government.
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