Albanese government delivers $268 tax cut and wages rise for workers
The Albanese government will implement key financial changes starting July 1, benefiting millions of workers with a $268 annual tax cut. A 4.75 percent wage increase for minimum wage earners raises their pay to above $50,000 for the first time. Families will also receive increased parental leave and enhanced Family Tax Benefits, among other adjustments.
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Published 27 Jun 2026, 04:00 UTC · Updated 27 Jun 2026, 04:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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