ANU economist Ben Phillips ran the government’s proposed stage 3 tweaks through his PolicyMod simulator to weigh up the winners and losers.
He finds about 6.2 million households will benefit from the Albanese government’s changes, while just 1.1 million households will lose out compared to the tax laws passed under the Coalition.
The government’s gamble is that nearly six-to-one winners to losers presents pretty good odds for the widespread financial benefits to outweigh the cost of a broken promise.
Did you actually read through the article, or are you just assuming the contents based on the (admittedly mildly clickbait-y) title?
Guilty. I was reacting to the title and the deluge of wildly biased reporting on ABC radio. The article actually seemed pretty balanced once I read it.
Yeah the titles from ABC News are generally… not my personal choice these days, but I guess they feel the need to play whatever the title game is.
I feel like ABC headlines have a kind of… “intern-y” flavour these days.