Treasurer Jim Chalmers has rejected giving working-age people further relief from income tax bracket creep and ruled out broader tax reform in the next term of government, arguing Labor’s existing agenda was adequate.
He also resisted pressure to further rein in the $49 billion National Disability Insurance Scheme from teal independent Allegra Spender, who on Thursday became the first MP to demand larger cuts to the NDIS program.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com