Every Australian taxpayer will get a tax cut next year and the year after, on top of the tax cuts we delivered last year. That means more money in your pocket, with an average tax cut of over $2,500 each year when fully implemented.

That’s not all. This year we’ll take another $150 off power bills for every household and around one million small businesses. That’s on top of the $300 we already knocked off power bills, taking pressure off household budgets.

Helping with the cost of living is our top priority and we’ll keep working to help Australians get ahead.