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Government's One Trick Solution to Everything
The Australian Labour government has gone back on its election promise of not changing the stage 3 tax cuts. They have changed the tax brackets an there's rumours they want to eliminate tax benefits on negative gearing investment properties. A common trend has been made about centre left and governments when it comes to solving problems. Find out more in "The Greater Wealth."
Show notes:
Labour government breaks its vow on the Stage 3 tax cuts
https://www.theguardian.com/news/2024/jan/25/stage-3-tax-cuts-2024-calculator-brackets-graph-table-albanese-australia-changes-cost-of-living-explained#:~:text=The%20changes%20to%20stage%2Dthree%20tax%20cuts%20explained&text=This%20removed%20the%2037%25%20tax,marginal%20tax%20rate%20to%2030%25.&text=The%20stage%2Dthree%20tax%20cuts%20predominantly%20benefited%20those%20on%20higher%20incomes.
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This presentation was originally broadcast on Edge Radio Australia www.edgeradioaustralia.com
None of the information on this show is financial advice and we are not a licensed financial planning, accounting or law firm. Blu Sky Factory is simply an education company, which will give you factual information. We do not give any general or specific advice around finance, business, investing, options, trading, accounting, estate planning, or anything else. That is not what this presentation does. Please see a licensed financial planner/accountant/lawyer when it comes to any investment advice you need.
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