Centre Alliance patriots block tax cuts

Friday, 14 June 2019

Finance Minister Mathias Cormann has ruled out doing deals with crossbench senators to win their support for the Coalition’s $158 billion personal income tax cuts, intensifying pressure on Labor to back the plan.

The blanket refusal by the government’s Senate leader to negotiate special deals or buckle to demands from Pauline Hanson and Centre Alliance senators came as Anthony Albanese backed away from closing the door to supporting all three tranches of the Coalition’s package.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.