Business News

This pointless $1,080 tax break should have ended years ago – but has become hard to stop

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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We are about to find out whether we’ll lose a tax break worth up to $1,080 a year.

Treasurer Josh Frydenberg says he hadn’t “made any final decision” on the A$7.8 billion per year low and middle income tax offset ahead of next month’s budget.

He also says it was never intended to be “a permanent...

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