Australia Balances Worker Pay Cuts With Push to Make Homes Affordable

Australia Balances Worker Pay Cuts With Push to Make Homes Affordable

Australia's government has unveiled legislation cutting taxes for 13 million workers while helping 75,000 people buy homes. The two-part plan offers immediate relief as interest rates squeeze household budgets, while addressing the longer structural problem of housing costs. Both are framed as the first phase of wider tax reform.

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