Treasurer Jim Chalmers has outlined the biggest part of cost-of-living relief of this year’s federal budget was the “tax cuts for middle Australia”.
The Treasurer has delivered the 2024 federal budget.
“Responsible relief that eases pressure on people and directly reduces inflation,” Mr Chalmers said
“From July 1, all 13.6 million taxpayers will get a tax cut.
“For 84 per cent of taxpayers and 90 per cent of tax-paying women, a bigger tax cut than they would have under the previous government.
“The average benefit is $1,888 a year which is $36 a week.”
