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Income taxes to rise to pay for ‘stupid’ policies, warns economist

Summary by Australian Financial Review
In an audit of the federal government’s finances, budget watcher Chris Richardson warned projections for spending restraint over the coming years were unrealistic.

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Australian Financial ReviewAustralian Financial Review
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Income taxes to rise to pay for ‘stupid’ policies, warns economist

In an audit of the federal government’s finances, budget watcher Chris Richardson warned projections for spending restraint over the coming years were unrealistic.

·Sydney, Australia
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JRFJRF

How Budget policies changed household incomes across the income distribution

Budget policies reduced average incomes, but higher-income households have seen greater reductions than lower-income households.

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Australian Financial Review broke the news in Sydney, Australia on Sunday, March 16, 2025.
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