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Optus violation deepens. Independently reviewed by Deloitte. He criticized the repatriation plan of the Islamic State. Consider raising RBA interest rates. Nord Stream leaks stopped

Tanya Plibersek, meanwhile, defended Labor’s stance on the third phase of tax cuts.

As I mentioned earlier, the UK government is withdrawing tax cuts for the wealthy. And as reported yesterday, a majority of Australia’s top earners support scrapping tax cuts to repair the federal budget.

Here is a relevant exchange between the Environment Minister and Radio National host Patricia Calvelas (edited for length and clarity).

Environment Minister Tanya Privasek and Prime Minister Anthony Albanese. credit:Alex Ellinghausen

Calvelas: As you know, the economy here is in crisis. Can we really afford to give the wealthiest Australians tax cuts?

Priversek: We went to the last elections and promised to continue them [tax cuts]Our real focus in tax reform is to ensure that large corporations and multinationals pay their share of the tax. That is the priority set by our treasurer. I think another really important contribution we can make to repairing the budget is addressing some of the injustices and wastes that the previous administration was involved in. [in].

Calvelas: Okay, but what do you think of the lessons from Britain?

Priversek: Well, what the UK does with their tax system is their problem.

Calvelas: So why would we go ahead with anything…is it also about tax cuts for the really wealthy?

Priversek: Well, these tax cuts haven’t happened. Not until 2024. Take a look at his October budget statement released by Jim Chalmers, take a good look at the state of the economy there, and workers plan to fix it. I mean, we’re in a pretty tough economic position. We are seeing global headwinds, potentially a global recession. All information must be obtained before making any further decisions.

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Calvelas: Given the economic downturn,

Priversek: You can ask me in 6 different ways…

Calvelas: So let me ask you this question. Will you keep your promises without review if the economy changes dramatically?

Priversek: I think this is a conversation between you and the accountant. [or] Prime minister.

Calvelas: what’s your opinion?

Priversek: My view is to implement the Labor policies adopted in the last election.

https://www.brisbanetimes.com.au/national/australia-news-live-optus-reveals-150-000-passport-numbers-stolen-in-data-breach-rba-considering-more-interest-rate-hikes-20221003-p5bmue.html?ref=rss&utm_medium=rss&utm_source=rss_national Optus violation deepens. Independently reviewed by Deloitte. He criticized the repatriation plan of the Islamic State. Consider raising RBA interest rates. Nord Stream leaks stopped

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