The new Albanese Government has tabled a revised budget for the 2022-23 fiscal year, revising revenue and spending forecasts. In this paper, Centre for Future Work researchers evaluate the budget's assumptions and policy measures from the perspective of workers and labour markets.

The Australian government has claimed that young women are some of the biggest beneficiaries of their income tax cuts over recent years. This analysis shows that the stage 3 tax cuts, which the government has committed to introduce after the next election, will see most of the benefit go to high income older men.

This paper uses data from 18 OECD countries over the last five decades to estimate the causal effect of major tax cuts for the rich on income inequality, economic growth, and unemployment.

Despite the supposed benefit of recent Commonwealth government tax cuts in boosting disposable income and stimulating more spending, the latest economic statistics have confirmed that Australia's economy is barely limping along.

This analysis of the long term impacts of bracket creep shows that taxpayers are being over compensated for bracket creep at all income levels. The Morrison Government has used bracket creep as a key reason why it needs to implement its income tax cuts package as outlined in the 2019 Budget.