Politics
Australian government close to securing enough votes for $110 billion tax cut plan
- by Archit-Jain
- Jul 03, 2019 11:21
About 10 million middle and low-income earners will receive a rebate worth up to A$1080 per person should the legislation pass this week. Australia's conservative government is close to securing enough votes to pass sweeping tax cuts after independent lawmakers said on Tuesday the were poised to strike an agreement with the prime minister.
About 10 million middle and low-income earners will revive rebate worth up to A$1080 per person should the legislation pass this week. The tex cuts would be a welcome relief to Australia central bank, which has said government actio n was needed to boost consumer spending in order to revive an economy that is growing at its slowest in a decade
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