Treasurer Jim Chalmers has explicitly ruled out touching the stage three tax cuts in the October budget, telling reporters in Washington that there are more pressing priorities to deal with.
Dr Chalmers left open the door to rolling back or amending the package in future budgets, following strong criticism from some economists, the Greens and left-wing think tanks based on cost and fairness grounds.
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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
Matthew Cranston was The Australian Financial Review’s United States correspondent.