Skip to content
Federal Budget, Government Federal

Women would be winners if sub-45k earners were included in ‘Stage 3’ changes

The McKell Institute < 1 mins read

Widening the ‘Stage 3’ tax cuts package to include those on less than $45,000 a year would extend benefits to 1.58 million more workers, mainly women, according to analysis by the McKell Institute.

The ‘Stage 3’ package as proposed by the previous government would only benefit workers who make $45,000 a year or more.

- Number of workers who would receive a tax cut if the Stage 3 package was altered to include those on sub-45k income: 1,586,100.
- Number of women: 1,007,226 (63.5 per cent)
- Number of men: 578,873 (36.5 per cent)

Edward Cavanough, chief executive, McKell Institute:

“If the parliament was to proceed with the status quo Stage Three package, 1.5 million Australians will miss out and most of those will be women.

“If the parliament adjusts the Stage Three package to include those making less thank $45,000 a year it could make a significant difference to the lives of low-income workers.

"1.5 million workers who were scheduled to get nothing would receive some benefit if brackets below the $45,000 mark are added.

“Given the cost of living crisis, and its disproportionate impact on women, including those on less than $45,000 a year could make a very significant social difference.”


Contact details:

Edward Cavanough: 0423 422 948‬

Media

More from this category

  • Defence, Government Federal
  • 27/02/2024
  • 07:00
Parliament of Australia

First Public Hearing – Inquiry into the Department of Defence Annual Report 2022-23

On 27 February 2024, the Defence Subcommittee of theJoint Standing Committee on Foreign Affairs, Defence and Tradewill conduct itsfirst public hearing into theDepartment of Defence Annual Report 2022–23. The Subcommittee will hear evidence from the Department of Defence on the inquiry’s first focus item: Assistance to Ukraine. Chair of the Subcommittee, Mr Julian Hill MP, explained “The Department of Defence will kick off this inquiry with a public hearing focussed on Australia’s defence assistance to Ukraine. How Defence is providing support through Operation Kudu and how lethal and non-lethal capabilities are transferred to Ukraine in support of its war effort…

  • Government Federal
  • 26/02/2024
  • 08:00
Parliament of Australia

Treaties Committee to consider Universal Postal Union treaty actions

TheJoint Standing Committee on Treaties(JSCOT) will hold a public hearing today for its inquiries into two Universal Postal Union treaty actions: Acts of the Universal Postal Union adopted by the 2nd Extraordinary Congress: Tenth Additional Protocol to the Constitution of the Universal Postal Union and Second Additional Protocol to the General Regulations of Universal Postal Union Acts of the Universal Postal Union adopted by the 27th Universal Postal Congress: Eleventh Additional Protocol to the Constitution of the Universal Postal Union, Third Additional Protocol to the General Regulations of the Universal Postal Union, the Universal Postal Convention, the Final Protocol to…

  • Education Training, Government Federal
  • 25/02/2024
  • 13:59
La Trobe University

La Trobe University welcomes the release of the final report of the Australian Universities Accord

SUNDAY 25 FEBRUARY 2024 Attributed to Professor Theo Farrell, Vice-Chancellor, La Trobe University La Trobe University welcomes the release of the Australian Universities Accord report today by the Hon. Jason Clare MP, Minister for Education. The University is pleased to see the majority of our own recommendations reflected and endorsed in the report. The Accord’s recommendations are bold and ambitious and, if adopted, could positively shift the dial for higher education in Australia. As the report itself states, these reforms will require a large investment from the Australian Government. With equity at the core of La Trobe’s mission, and as…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.