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Australia PM vows to introduce bill to reshape tax cuts within weeks

Australia s Prime Minister Anthony Albanese said on Saturday his centre-left government would soon legislate changes to planned tax cuts set to trim benefits to the wealthy while giving low-income. -January 26, 2024 at 08:20 pm EST - MarketScreener

Australia PM Anthony Albanese considers extra inflation relief as families struggle

Australian households are under broad financial pressure from high inflation, which spiked as high as 7.8% in December 2022, before slowing to 5.4% in the third quarter.

Australia PM considers extra inflation relief as families struggle

Australia Prime Minister Anthony Albanese said on Wednesday his centre-left government would consider new cost-of-living relief measures ahead of the May budget but without stoking inflation. Australian households are under broad financial pressure from high inflation, which spiked as high as 7.8% in December 2022, before slowing to 5.4% in the third quarter. "We've asked Treasury and Finance, as we did in the lead-up to the last budget, we asked them to give consideration to what are the measures that can take pressure off families on cost-of-living without putting pressure on inflation," Albanese said in a press briefing in Sydney.

Australia PM Considers Extra Inflation Relief as Families Struggle

Single poll detail shows why Anthony Albanese should be worried about what happens after the Voice vote - as he rallies supporters at Uluru

The Prime Minister has repeatedly assured the public that the cost of living remains the number one priority for he and his government.