Economy & Tax
Stage 3 Tax Cuts
Both parties support implementing Stage 3 tax cuts, but Labor revised them to better benefit middle-income earners.
Labor
Policy: Amended Stage 3 tax cuts to deliver greater relief to middle and lower-income Australians.
Voting Record: Initially opposed Stage 3 cuts but supported revised legislation in 2024.
Impact: More progressive tax relief, reducing inequality.
Liberal
Policy: Supports original Stage 3 tax cuts heavily favouring high-income earners.
Voting Record: Passed Stage 3 legislation in 2019; opposes Labor’s revisions.
Impact: Delivers most benefit to top earners; less redistributive.
Topic 1 of 20