Simon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

Indeed, our income tax reforms as a government are a crucial part of the economic recovery that is occurring and the ongoing support that will be there for Australian households, not just this month or next month but ongoing into the future. Our income tax cuts have already put some $9 billion back into the pockets of around 8.8 million Australians, supporting economic recovery and driving consumer and business confidence. The stage 2 tax cuts brought forward in last year's budget will deliver a further $12 billion boost to hardworking Australian taxpayers over the period from now through to September 2021. This means that someone earning around $60,000 will be paying more than $2,100 less tax compared to 2017-18. That's more money in their household to support spending, to support investment and to continue to drive the economic recovery forward. (Time expired)