Chalmers’ great tax cut conundrum

Original article by Thomas Henry
The Australian – Page: 1 & 4 : 15-Jul-26

Analysis by the independent Parliamentary Budget Office has concluded that an eventual return to a budget surplus will be dependent on a number of factors. They include reining in the cost of the National Disability Insurance Scheme, a $336bn increase in personal income tax revenue, public service job cuts and the federal government’s changes to negative gearing, capital gains tax and trusts. The PBO has used its medium-term fiscal outlook to warn that the government will need to choose between providing income tax cuts and significant spending cuts if the budget is to be returned to surplus in the next decade.

CORPORATES
AUSTRALIA. PARLIAMENTARY BUDGET OFFICE

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