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Chris Richardson

Why stage three tax cuts could complicate RBA rate cuts

Objections to stage three tax cuts on grounds of its size and fairness no longer stand up, but the Reserve Bank must carefully monitor their impact on inflation.

Chris RichardsonEconomist
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Australia’s discussion of the stage three tax cuts has always generated more heat than light.

But now that deluded discussion is getting in the way of what looms as the true stage three risk – the potential impact on interest rates.

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Chris Richardson is an independent economist.
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    Original URL: https://www.afr.com/policy/tax-and-super/why-stage-three-tax-cuts-could-complicate-rba-rate-cuts-20240114-p5ex2s