Coalition will not support Labor’s budget tax cuts, Angus Taylor says
GuardianMAR 15
Australia: Labor Announces A$17.1 Billion in Tax Cuts
Above: Treasurer Jim Chalmers presents the budget at Parliament House in Canberra on March 25, 2025. Image copyright: Photo by Hilary Wardhaugh/Stringer/Getty Images News via Getty Images
The Spin
Narrative A
With this budget, the government is ensuring that hardworking Australians keep more of their earnings while reinforcing the foundations laid since 2022. The budget is a testament to the fact that under the Labor Party, Australia's economy is turning the corner at the precise time the global economy is taking one for the worse. The choice for voters come the election has therefore never been clearer — build with Labor or risk it all for Coalition cuts.
Narrative B
With the election on the horizon, this budget is nothing more than a vote-buying ploy — focused on the next five weeks, not the next five years. It underscores Labor’s fiscal irresponsibility, with meager tax cuts and soaring deficits that fail to address Australia's economic challenges or reverse the decline in living standards under their watch. Only the Coalition can get Australia back on track.