Stage 3 Tax Cut Revamp Passes Lower House

‘We want people to earn more and we want workers, every taxpayer, to keep more of what they earn,’ the treasurer said.

Australian Prime Minister Anthony Albanese (R) listens to the leader of the opposition Liberal Party Peter Dutton speak in the House of Representatives at Parliament House in Canberra on October 16, 2023. Australians on October 14 roundly rejected greater rights for Indigenous citizens, scuppering plans to amend the country's 122-year-old constitution after a divisive and racially tinged referendum campaign. (Photo by DAVID GRAY / AFP) Photo by DAVID GRAY/AFP via Getty Images

A revamp to stage three tax cuts for middle- and lower-income Australians has passed the House of Representatives with the support of the centre-right Coalition and the crossbench.

Under the amended proposal, Australians making under $146,000 (US$95,000) will receive a bigger tax cut than under the previous legislation by the former coalition government.