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Baby boomers’ gains are everyone else’s losses

February 13, 2024 - 00:05 -- Admin

CBA analysis of the Stage 3 tax cuts revealed the extent to which Australian workers are being penalised by rising personal income taxes. As seen in the following chart, the amount of income tax payable increased by a whopping 23.4% in the year to September 2023 (latest available data). However, over the same period, overall

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