Tax cuts and your bills in 2024

Will you be better off this year when it comes to the tax you pay, your wage, grocery shopping and other bills? The Labor government’s changes to the Stage Three tax cuts mean more lower and middle income taxpayers will receive a bigger than expected tax return. For our first episode of 2024, the ABC’s business editor Ian Verrender joins Sam Hawley to explain why it’s a ‘distinct possibility’ that the cost of living will get a little bit easier this year. Featured: Ian Verrender, ABC business editor