# Albanese announces a rewrite of the legislated Stage 3 tax cuts

Date: 2024

## The fact

On 25 January 2024 [Albanese](/people/anthony-albanese), with Treasurer [Jim Chalmers](/people/jim-chalmers), announced that Labor would rewrite the Stage 3 personal-income-tax cuts it had promised to keep. The 19 percent rate would fall to 16 percent; higher-income benefit would shrink. Parliament later enrolled the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024, assented 5 March 2024.

## Context

Morrison-era Stage 3 sat as parent statute. Neighbouring CPI peak is parent cost-of-living weather. He did not sit as the ATO.

CPI December 2022 is parent weather. HAFF is a neighbour fiscal file.

The Prime Minister of Australia chairs Cabinet and advises the Governor-General. Parliament enacts; the Governor-General assents. He does not write a High Court judgment, a state housing approval, or a US AUKUS submarine yard print.

## Evidence and sources

Prime Minister of Australia carries the official instrument or communique. ABC News records the same dated act independently.

## Significance

The path is [democratic resilience](/drivers/democratic-resilience) and [fiscal-policy sustainability](/drivers/fiscal-policy-sustainability): a completed rewrite of a legislated, promised tax schedule.

## What is established and what is not

Established: 25 January 2024 announcement and later enrolled Act, independently reported.

Not established: a unique later CPI coefficient from that Thursday, or that every lower-income taxpayer was thereby uniquely made whole.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

Chalmers designed. Parliament later passed. Morrison’s original Stage 3 sat as parent statute.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies Albanese announces a rewrite of the legislated Stage 3 tax cuts, not a later speech about Albanese announces a rewrite of the legislated Stage 3 tax cuts.

Co-authors and later implementers named in Context remain on the file. Albanese announces a rewrite of the legislated Stage 3 tax cuts on 2024-01-25 is not a licence to treat every later Prime Minister of Australia communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average Albanese announces a rewrite of the legislated Stage 3 tax cuts into a personality. The contribution described on this Person row is limited to He announced. Chalmers designed. Parliament later passed. Morrison’s original Stage 3 sat as parent statute. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Anthony Albanese: https://factrail.ai/people/anthony-albanese

## Drivers

- Democratic Resilience: https://factrail.ai/drivers/democratic-resilience
- Fiscal-Policy Sustainability: https://factrail.ai/drivers/fiscal-policy-sustainability
- Income Inequality: https://factrail.ai/drivers/income-inequality

## Sources

- https://www.abc.net.au/news/2024-01-24/government-rewrites-stage-three-tax-cuts/103383642
- https://www.pm.gov.au/media/tax-cuts-help-australians-cost-living

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/au-stage3-2024