tax cut

‘We want people to earn more and we want workers, every taxpayer, to keep more of what they earn,’ the treasurer said.

The plan will, instead, see the government lower the tax rate for low and middle income earners.

The prime minister said pre-election giveaways will be affordable by controlling public spending.

With both leading parties also focusing on pledging various niche tax credits and benefits, it appears comprehensive tax reform remains on the shelf.