CANBERRA, ACT, March 25 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: 2025 federal Budget, tax cuts, cost-of-living relief, banning non-compete clauses, global economic uncertainty
MarkRiley:
Treasurer, thanks for joining us at Seven News.
JimChalmers:
Thanks, mate.
Riley:
Tax cuts, they're not huge but helpful. Is this just returning bracket creep?
Chalmers:
That's part of the motivation. It's really about making sure that every Australian taxpayer gets 2 more tax cuts. These tax cuts will top up the tax cuts which already began flowing in July. We do understand and acknowledge in isolation they are modest, but in combination with the rest of the tax relief and with the other cost‑of‑li...