Bill shocks are the flipside of a surplus built on higher tax collections and tighter access to support payments.
Middle earners are set to pay 18.8% of their income in tax instead of 14.9% under the projections that show 10 years of surplus budgets.
Jacqui Lambie with Centre Alliance senators, who threw their support behind the government’s $158 billion income tax cuts, guaranteeing the package will become law.
After a hectic first week for the new parliament, Michelle Grattan speaks with Deep Saini about Jacqui Lambie's role in helping pass the government's tax cuts, and a further cut to interest rates - now 1%.
Jacqui Lambie celebrates the passing of the $158 billion tax cuts with Centre Alliance senators.
The first week of the new parliament ends on a high for the government, with its $158 billion tax cut package passed, and the first stage of tax relief ready to flow in a week or so.
Jacqui Lambie is the last vital vote for the Morrison government if Labor refuses to pass its tax package intact on Thursday.
"Yet to arrive at a final position," Senator Jacqui Lambie presses the federal government to forgive Tasmania's housing debt in exchange for support of the government's tax cuts.
There’s a retro quality to Stage 3 of the Coalition’s tax plan, one the parliament ought to carefully consider before saying yes.
The Stage 3 cuts would make Australia's income tax system the least progressive in 60 years.
Democratic U.S. 2020 election presidential candidates during the second night of the first Democratic presidential candidates’ debate.
The problems facing America are unrestrained capitalism and corruption, said the Democratic presidential candidates over two nights of debates. Or was that really Teddy Roosevelt speaking?
Prime Minister Scott Morrison will lay out economic policies “to get Australians off the economic sidelines and on the field again” on Monday.
In his first major domestic speech since the election, Prime Minister Scott Morrison will lay out economic policies "to get Australians off the economic sidelines and on the field again".
Crash or crash through? Treasurer Josh Frydenberg and Prime Minister Scott Morrison walk to a meeting with the Reserve Bank governor on Wednesday.
In an interview with The Conversation, Frydenberg refused to be drawn on what the government would do if unable to get the whole bill through.
Albanese has been positioning himself for the role of Labor leader.
Geoff Crisp speaks with Michelle Grattan about the week in politics.
Cutting back on dividend imputation will pay dividends to Labor budgets for years to come.
Bigger surpluses, lower debt and tax cuts baked in the Coalition's worst nightmare come true.
It’d be wise not to get too bamboozled by figures when watching the leaders’ debates, especially this one.
Focus on what they're doing, not on whether they say it's spending or a tax cut.
The budget tax cuts aren’t tax reform, and probably can’t be paid for over the longer term.
Should the Coalition's $300 billion of tax cuts ever be enacted, they would push the budget back towards deficit.
Much of what’s been promised would have had to happen anyway.
The promised tax cuts will benefit high earners in 2022 and 2024, but by then they'll need it.
Frydenberg denied the government was indulging in a “cash splash”.
As the government dropped news of the payment Labor signalled that if elected, there will be another budget in August.
Father and child stand outside closed National Air and Space Museum in Washington, Jan. 2, 2019.
The government shutdown provided a short-term version of what some activists have long wanted: A government small enough so that you could 'drag it into the bathroom and drown it in the bathtub.'
Neither Treasurer Josh Frydenberg nor Finance Minister Mathias Cormann would commit to banking the proceeds of improved economic circumstances.
When assessed by the government's own rules, MYEFO fails. The government is spending the latest revenue windfall even though it promised not to.
Prime Minister Scott Morrison puts a gift under the Salvation Army giving tree at his office in parliament house.
The budget line known as "decisions taken but not yet announced" points to $9 billion of unannounced tax cuts.
People of color, women and the LGBTQ community are just some of the groups who often get slighted with tax reforms.
Real tax reform is about more than cutting taxes to woo voters. It's about making the system fairer.
Announcements are pouring out in what is already a faux election campaign, with the government at the weekend unveiling nearly $52 million to Headspace for youth mental health.
The latest national polls come just days out from Saturday's Wentworth byelection, which will determine whether the Coalition is forced into minority government.
Michelle Grattan speaks Mark Evans about the week in Australian politics.