Labor’s Tax Cuts – More money for middle Australia

Monday, 12 February 2024

When economic circumstances change, the right thing to do is change your economic policy. That’s what the Albanese Labor Government is doing.

To help tackle cost-of-living pressures the Albanese Labor Government has announced it will deliver $359 billion worth of tax cuts to hard working Australians in a fair and responsible way.

From 1 July this year, every Australian taxpayer will get a tax cut.

Because the Labor Government is committed to workers earning more – and keeping more – of what they earn.

90% of workers in the outer southern suburbs of Adelaide will receive a bigger tax cut than originally proposed.

Labor’s tax cuts are part of our economic plan – along with boosting wages, bringing inflation under control, and driving fairer prices for Australian consumers.

To find out how much you will save from 1 July visit:

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