Page 5 - Stage Three News Today

The growing rift between Anthony Albanese and Jim Chalmers has seen the Prime Minister start belittling the Treasurer during Cabinet meetings, it has been claimed.

Opposition Leader Peter Dutton appears to have retreated from his previously stated position that the Coalition will block the Albanese governments tax cuts for lower and middle income workers.

The Finance Minister said allegations made by Labor insider Cameron Milner - who was once Bill Shortens chief-of-staff - were absolutely wrong.

Australians see their salary peak to the highest point in their working lives when they are in their late forties, new figures reveal.

An Australian on an average salary still needs a big pay rise to cope with the cost of living crisis, despite inflation falling to a two-year low. Heres why Labors tax plan doesnt go far enough.

The consumer price index dropped to 4.1 per cent in the year to December, down from 5.4 per cent annually in September. This was the lowest headline inflation since December 2021.

One time chief-of-staff to Bill Shorten Cameron Milner detailed a relationship which is by all accounts, shredded after last week.

CoreLogic head of residential research in Australia, Eliza Owen, said bracket creep from higher tax rates would make it harder to save up for a mortgage deposit to buy a house.

Mr Dutton said Anthony Albanese tweaked the Stage Three tax cuts and took money from the pockets of the nations highest-paid employees to impress the middle-class workers of Dunkley.

Prime Minister Anthony Albaneses changes to the Stage Three tax cuts mean more than 800,000 Australians will either be paying more tax or be forced on to a higher tax bracket. Are you affected?