Labor’s welcome decision to leave Josh Frydenberg’s stage-three tax cuts in place is good news for national prosperity and confirms the 2019 federal election lesson that the politics of envy has limited appeal in aspirational Australia. After all, this will leave the sort of personal income tax scales that Paul Keating and Kevin Rudd have backed in the past.
Labor leader Anthony Albanese has dodged a wedge that would have re-saddled the Opposition with the “high taxing” tag. Alex Ellinghausen
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