Tax return: Millions set for huge tax cuts, with high earners benefiting most

Huge tax cuts are coming and a group of Australians will be the biggest winners. Here is everything you need to know. Despite a crushing rise in the cost of living, it is well-off Australians who will get the biggest tax break, with Anthony Albanese vowing to press ahead with tax cuts that disproportionately benefit … Read more

What Labour’s election victory means for wages, taxes, property and first-time home buyers

Anthony Albanese has been sworn in as our 31st Prime Minister, but what do the election results really mean for ordinary Australians? It’s official: Australia now has a new prime minister after Scott Morrison’s massive defeat over the weekend. But what does Labor leader Anthony Albanese’s historic victory mean for Australians already feeling the effects … Read more

Senate Republicans Set To Pass $9B Plan To Provide Tax Cut To All Taxpayers – WCCO

ST. PAUL, Minn. (WCCO) — Minnesota Senate Republicans are poised to pass a nearly $9 billion proposal, which would provide a tax cut to all taxpayers in the state. Republicans say the projected $9 billion budget surplus is a sign the state is taking too much from Minnesotans and they want taxpayers to see a … Read more

Federal budget 2022: Huge problem with $1500 cash bonus, LIMIT, stage three tax cuts

This week’s pre-election budget contained billions of dollars in sweeteners and cost-of-living measures – but experts say the $1500 handout hides a “cynical” truth. Last week’s pre-election budget contained billions of dollars in sweeteners and cost-of-living measures – but experts say the $1500 handout hides a “cynical” truth. Under the turbocharged low and middle income … Read more

Newspoll: Labor’s primary vote drops as PM prepares to call election

Scott Morrison is poised to call an election this week as the latest Newspoll reveals some good – and bad – news for the Prime Minister. Scott Morrison is poised to call an election this week as the latest Newspoll reveals Labor’s primary vote has failed by 3 points to 38 per cent after Tuesday’s … Read more

Budget 2022: One-off payments, tax cuts and offsets you could receive

It’s a Budget before an election and that means you could see some of those sweeteners flow through to your bank account not in months – but days. With an election just around the corner, the government is wasting no time with its Budget bounty. The first $250 one-off payments struggling to households, worth up … Read more

Federal budget 2022 cash payments: How much tax cut will I get?

Josh Frydenberg is “putting more money in the pockets” of millions of Australians struggling with higher prices. Here’s how much you will get. Josh Frydenberg is “putting more money in the pockets” of millions of Australians struggling with higher prices for petrol, groceries and medicines. As war rages in Ukraine, communities struggle to rebuild after … Read more

Federal Budget 2022: Cash payments tax cuts of $1500, fuel excise cuts

More than 10 million working Australians will score a one-off bonus leaving them $1500 better off in an election sweetener. Australian workers earning under $126,000 a year will score a one-off “Lamington” tax bonus in tonight’s budget that will deliver a bumper tax cut of up to $1500 in July. Tonight, news.com.au can reveal Treasurer … Read more