Australian workers could be up to $2500 better off from July 1 next year under fast-tracked tax cuts being considered by the Coalition government.
Treasurer Josh Frydenberg this week gave the strongest indication yet that personal income tax cuts scheduled to start on July 1, 2022 could be brought forward to boost take-home pay and consumer spending.
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
