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: www.treasury.gov.au/tax-cuts/calculator
