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Plibersek criticises scrapped UK tax cuts and says Labor’s budget will look at ‘tough’ conditions


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Frontbencher Tanya Plibersek says any change to stage-three tax cuts would be based on the state of the economy

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Australia’s environment minister, Tanya Plibersek, has criticised the UK’s scrapped tax cut plan for high income earners, and says any change to Labor government policy on stage-three tax cuts would consider the country’s “tough economic position”.

The treasurer, Jim Chalmers, has not ruled out tweaking the controversial third stage of the legislated tax cut plan in the 25 October budget, while saying his focus is on multinational tax changes and the government’s promised cost-of-living agenda.

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Continue reading…Frontbencher Tanya Plibersek says any change to stage-three tax cuts would be based on the state of the economyFollow the day’s news, liveGet our free news app, morning email briefing or daily news podcastAustralia’s environment minister, Tanya Plibersek, has criticised the UK’s scrapped tax cut plan for high income earners, and says any change to Labor government policy on stage-three tax cuts would consider the country’s “tough economic position”.The treasurer, Jim Chalmers, has not ruled out tweaking the controversial third stage of the legislated tax cut plan in the 25 October budget, while saying his focus is on multinational tax changes and the government’s promised cost-of-living agenda.Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading…