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27 Jun 07 Treasurer spruiks tax cuts

In a press release issued on 26 June 2007, the Treasurer, Peter Costello, noted that from 1 July 2007, every Australian taxpayer will receive an income tax cut. The tax cuts will amount to $1,100 per year for a person on a wage between $30,000 and $40,000, and $850 per year for a person on the average wage of $46,239. The Treasurer also detailed other recent tax changes made by the Government.

For a copy of the Treasurer's press release, No 2007/054, 26 June 2006, go here

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