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Albanese urged not to ‘lose the moment’ for tax reform as he squashes debate on stage-three cuts


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Economists say the tax cuts are unaffordable and should be trimmed or changed, either now or in May

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Economists have urged the federal government not to squander the chance for tax reform, after the prime minister hosed down speculation about possible changes to the legislated stage-three cuts in this month’s budget.

The chief executive of the Grattan Institute, Danielle Wood, said she would be “sad” if “we lost the moment” for a substantial discussion about tax changes and hoped a broader debate was still possible before the next budget in May.

Continue reading…Economists say the tax cuts are unaffordable and should be trimmed or changed, either now or in MayGet our free news app, morning email briefing or daily news podcastEconomists have urged the federal government not to squander the chance for tax reform, after the prime minister hosed down speculation about possible changes to the legislated stage-three cuts in this month’s budget.The chief executive of the Grattan Institute, Danielle Wood, said she would be “sad” if “we lost the moment” for a substantial discussion about tax changes and hoped a broader debate was still possible before the next budget in May. Continue reading…