It’s the budget cash splash that reaches back in time
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Talk about retrospective. In his determination to quickly inject money into the economy (for economic as well as political reasons), Treasurer Josh Frydenberg has reached back in time to give us an extra tax cut on income already earned during the financial year that’s about to finish.
Almost a year ago, in May 2018, Frydenberg’s...
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