Sydney Morning Herald
International · 4 hrs ago
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Surprise tax handout on cards for all workers despite inflation risks
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The Australian federal budget is expected to include tax relief for workers worth several hundred dollars, though economists warn such stimulus could exacerbate inflation and lead to further interest rate increases.
Surprise tax handout on cards for all workers despite inflation risks
Workers could receive a few hundred dollars in their pocket in a surprise tax handout in next week’s federal budget, despite warnings that stimulus could drive up inflation and risk further interest rate rises.
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