Ex-RBA head of research turned chief economist at the Centre for Independent Studies, Peter Tulip, has backed bringing forward stage 3 tax cuts, arguing they are the best way to stimulate growth:
The best way it could get the economy growing faster was through tax cuts, he said, and that included bringing forward the stage 3 tax cuts.
“We do need extra tax cuts because we do need extra fiscal stimulus. That means bring forward the stage 3 tax cuts,” he said.
