Analysis

Here's how much of a tax cut you'll get under the new stage three plan

Michelle Grattan
January 25 2024 - 11:04am

A person on the average annual wage of $73,000 will get a tax cut of more than $1500 a year under Labor's revamped tax policy - more than double the cut they'd have received under the Coalition's legislated stage three plan.

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Michelle Grattan

Michelle Grattan is a press gallery journalist and former editor of The Canberra Times. She is a professorial fellow at the University of Canberra and writes for The Conversation, where her columns also appear.