Business
Government should abandon stage-three tax cuts to prevent widening inequality, ACOSS says – ABC News
Noha Ayed had to find a cheaper place to rent when JobSeeker payments were cut in September, and she’s facing yet another cut. But ACOSS, the social services advocate,…
The Australian Council of Social Service (ACOSS) says Australia faces a crucial moment of choice between delivering “eyewatering” tax cuts to the nation’s top earners and maintaining financial support for those struggling during the pandemic.
Key points:
- ACOSS says higher welfare payments should be maintained rather than handing out tax cuts
- Modelling shows 58 per cent of the tax savings will go to the top 20 per cent of income earners
- Treasurer Josh Frydenberg says the Government will continue to…
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