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Budget 2020: promising tax breaks, but relying on hope

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Budget 2020: promising tax breaks, but relying on hopeWes Mountain

Tax cuts aren’t the half of it.

The personal income tax cuts promised in the budget will cost A$17.8 billion over four years.

The measures aimed at supporting businesses – the temporary instant tax write off of capital investments, the temporary ability to use losses to reduce previous tax payments, the JobMaker hiring...

Read more: Budget 2020: promising tax breaks, but relying on hope

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