ABC News – Australia
·australia
·1 hour ago
Treasurer Chalmers announces tax cuts to boost take-home pay for working Australians
Australian Treasurer Jim Chalmers unveiled tax cuts in the 2026 federal budget designed to increase take-home pay for working Australians. Key measures include reducing the 16 percent tax bracket to 15 percent next year and introducing a $1,000 instant deduction for work-related expenses. Savings will appear on tax returns filed in 2027, not as direct payments.
Summary by Glance · ABC News – Australia
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