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Single Australians Slapped With World’s Biggest Tax Increase in 2023

Australia saw a significant increase in tax burden on single workers, according to a new report.
Single Australians Slapped With World’s Biggest Tax Increase in 2023
Blank one dollar coins are seen on a conveyor belt at the Royal Australian Mint in Canberra, Australia on Sept. 2, 2020.AAP Image/Mick Tsikas
Alfred Bui
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Single Australian workers were the hardest hit by tax increases among advanced economies in 2023, a new report has shown.

The OECD (Organisation for Economic Cooperation and Development)’s latest Taxing Wages 2024 report (pdf) gave a snapshot of how workers’ tax rates evolved in 38 countries in the previous year.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].