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Concerns Albanese government is abandoning long-term reform for short-term wins

29/01/24
Sky News Australia
Dans Asie / Australie

Independent Kylea Tink says changes to stage three tax cuts have left residents in her electorate concerned that the Albanese government is abandoning long-term reform in favour of short-term wins. “The sense I’m getting from the people in North Sydney is they can understand why this makes sense in the short term, but they are very concerned about the longer term reform that the stage three tax cuts were supposed to be the final part of,” Ms Tink told Sky News Australia. “That's kind of what’s getting lost here in this debate is that stage three was not designed to just hang out by itself - we’ve already had stage one, we had stage two. “This was a process of reform promised under the last government to bring our personal income scheme more into line to what it will need to be for us to move forward as an economy. “The wholesale flip on that at this particular point in time has probably got people wondering more about ... what would a Labor government see as a progressive tax reform program look like? What does it look like in three years’ time? “The people who are set to benefit from this who previously weren’t will very quickly now find themselves up in that next tax bracket, and before long, they’ll be paying the 37 per cent.”

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