The Centre For Future Work calculates that a 15% increase is needed to meet the school funding standards agreed to a decade ago under the Gonski reforms. Follow the day’s news live
Assistant treasurer Stephen Jones was asked about stage three tax cuts while appearing on ABC RN this morning, and reaffirmed the governments commitment to them:
[The] prime minister made a promise before the election and there’s been no change to our policy.
We’ve made it quite clear that our priorities [are] multinational tax avoidance [and] ensuring we have greater compliance with the existing tax laws before we were to go to Australians and say we think you need to pay more.
Very, very few.
Stage three tax cuts benefit everybody over $45,000 a year and before you jump into it, yes, I know, the greatest benefit flows to the people on the highest incomes, no doubt about that.
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