Prime Minister Stands by Tax Cut Changes for ‘Every Australian’

Prime Minister Anthony Albanese has ruled out an increase to welfare payments in exchange for crossbench support to ensure the passage of the government’s proposed changes to stage three tax cuts. Under a reworked scheme unveiled by the prime minister on Thursday, anyone earning less than $150,000 (US$98,000) will receive a larger tax cut, while those earning more are in line for a smaller benefit than previously promised. The changes to the original stage three tax cuts that were first implemented by the coalition will need to pass parliament before they are due to come into effect in July, with the government needing the support of the Greens and crossbench....