Dutton Announces $1,200 Tax Cut Plan for 10 Million Australians

Peter Dutton, the leader of Australia's Coalition, has announced a one-off Cost of Living Tax Offset plan aimed at providing up to $1,200 in tax relief to more than 10 million Australians earning up to $144,000 during the next financial year. The announcement, made ahead of the May 4 federal election, is intended to combat rising living costs and inflation, which Dutton argues the current Labor government has failed to address effectively. The Coalition's proposal, costing an estimated $10 billion, is designed to deliver immediate help to families compared to Labor's gradual tax cuts scheduled for 2026 that would yield only modest savings of around $5 to $10 per week. Dutton criticized Labor's approach as insufficient, emphasizing that his plan would provide real financial relief to struggling households burdened by increasing costs of groceries, rent, and insurance. The Coalition also plans to cut fuel taxes to further alleviate financial pressures on families. This campaign strategy marks a significant pivot for the Coalition as it seeks to regain voter support amidst challenging polling.