No legislation, no tax cuts: Treasury firm on July 1 deadline | The New Daily

No legislation, no tax cuts: Treasury firm on July 1 deadline

tax cuts budgetAustralian workers earning under $130,000 won’t get the $1080 lump sum tax refund they have been promised for July 1 unless it can be legislated, Treasury has confirmed. Both parties support the measure, meaning that it will be adopted once it passes Parliament. But the Pre-Election Economic and Fiscal Outlook (PEFO), released on Wednesday, has … Continue reading No legislation, no tax cuts: Treasury firm on July 1 deadline

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