Stage 3 Tax Cuts reform: “The biggest and most honest piece of tax reform in decades”

featuring Ebony Bennett and Matt Grudnoff

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It’s been a week for the books in Australian Politics history, with Prime Minister Anthony Albanese announcing changes to the highly-criticised Stage 3 tax cuts. Which got the media, and the opposition, into a bit of a frenzy. So what’s changed, and how will it affect you?

This was recorded on Tuesday 30th January 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest:

Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Producer: Jennifer Macey // @jennifermacey

Edited by: Emily Perkins

Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions

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The Wrap with Ebony Bennett What. A. Fortnight. People told us it was impossible. But last week Prime Minister Anthony Albanese announced the Stage 3 tax cuts would be redesigned to make them fairer, redistributing $84 billion that was destined to go to the highest income earners back to people on low and middle incomes.