Opposition Yet to Show Hand on Tax Cut Support, But Calls for ‘Lower Taxes’ for Australians

If the opposition decides against backing Labor’s tax plan, the move will be another key policy difference between the 2 major parties.

Leader of the Opposition Peter Dutton speaks to media in Melbourne, Australia on Dec. 12, 2023. AAP Image/Joel Carrett

Opposition Leader Peter Dutton has indicated the Liberal-National Coalition will back lower taxes for Australians amid Labor’s changes to the country’s tax structure.

The Albanese government is planning to introduce legislation into parliament next week providing tax cuts for low and middle-income earners. However, the Labor proposal reneges on an election promise to abolish the 37 percent tax rate for those earning between $120,000 and $180,000 a year.