‘The Right Thing To Do’: PM Albanese Defends Tax Reset

“The right decision, not the easy decision.” That’s the way Prime Minister Anthony Albanese described the government’s decision to abandon its long-held commitment to deliver the original stage three tax cuts and instead legislate for a package that will provide more money to low- and middle-income earners. Speaking at the National Press Club on Jan. 25, the prime minister said: “cost of living remains our number one priority. I understand people are under financial pressure.” Citing the pandemic, the “first recession in three decades,” and Russia’s invasion of Ukraine as the major causes of global inflation and damaged supply chains, he said everything the government had done had been about managing those challenges....