As pressure builds for the Albanese government to scrap the promised Stage Three tax cuts, discussion has shifted around who would lose out. The Australian said it would mean “2.5 million middle income Australians will pay thousands of dollars in additional tax,” but describes middle income Australians as individuals earning between $120,000 and $160,000 a year. If that sounds wrong, it’s because it is.
This was recorded on Tuesday 11th October 2022 and things may have changed since recording.
The Australia Institute // @theausinstitute
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff
Eliza Littleton, Research Economist, the Australia Institute // @ElizaLittleton
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Tanya Martin Office Manager
Jake Wishart Senior Media Adviser