Treasurer Jim Chalmers Implements $23 Billion Tax Cuts Amid Economic Concerns
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As stage three tax cuts roll out today, Treasurer Jim Chalmers faces scrutiny over their long-term impact amidst concerns of inflation and bracket creep, highlighting ongoing economic challenges.
ANU research highlights that 80% may see minimal long-term benefit due to bracket creep, prompting calls for indexed tax thresholds to address ongoing fiscal challenges.
Hear more highlights from Drive with Chris O’Keefe below: