Rejigged tax cuts were basic electoral math


The Australian reports that shadow cabinet ministers will meet on Tuesday to discuss the federal government’s proposed changes to the legislated stage-three tax cuts, with MPs reportedly “split” over the changes.

Senior sources within the Liberal Party have suggested that the Coalition will seek amendments to Labor’s legislation but is unlikely to vote against it.

The Peter Dutton-led Coalition opposition should think twice about running against Labor’s rejig of the Stage 3 tax cuts.

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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.