We Wont break election tax pledge: Australia govt

Vastavam web: Australia’s newly re-elected administration says its promise to slash income taxes might be delivered late but won’t be broken as the government hopes to stimulate consumer spending and revive a flagging economy. Treasurer Josh Frydenberg said Tuesday passing the legislation that would reduce the annual tax bill of 10 million Australians by 1,080 Australian dollars (USD 740) is the government’s first priority when Parliament resumes once the vote counting from Saturday’s election is finished.

Prime Minister Scott Morrison chose the latest possible date to call an election that delivered his conservative coalition a surprise victory.