Coalition tax cuts face one year delay

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By Leith van Onselen

Tax cuts announced by the Morrison Government in the April Federal Budget are likely to be delayed until 30 June 2020 because Parliament is unlikely to resume in time to pass the measures. From ABC News:

Tax cuts of up to $1,080 per person will likely be delayed for another year with Federal Parliament unlikely to return before June 30.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.