- by foxnews
- 22 Jan 2025
Public support for the stage-three tax cuts continues to fall, with polling showing increased support for scrapping the $243bn plan.
The last stage of the Morrison government tax reform is not legislated to come into effect until July 2024, but a downturn in the economy has put increased pressure on the Labor government to make a decision on whether it will keep the cuts in place.
The opposition has seized on the change in language as one of its first opportunities to land a political blow against the government since the election, claiming Labor was setting the scene to break an election promise. MPs within Labor are also split on the issue of breaking a commitment the party took to the polls.
The Australia Institute poll conducted last month found the majority of Australians valued sound economic management over keeping an election promise.
Hotel and airline prices have spiked in response to President Donald Trump's inauguration, but it may take some time for Washington, D.C., travelers to see costs return to normal.
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