The Age
·general
·2 hours ago
Surprise tax handout on cards for all workers despite inflation risks
Australia's government plans a surprise tax handout of $200-$300 per worker in next week's budget despite inflation concerns. Treasurer Jim Chalmers is designing an "earned income offset" targeting salary income rather than investment returns. The one-off credit follows tax increases on negative gearing, capital gains and trusts, though Prime Minister Anthony Albanese has not officially confirmed the proposal.
Summary by Glance · The Age
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI