Australia Briefing

Government  to Entice Voters With Election-Eve Tax Cuts

Jim Chalmers, Australia's treasurer, during an interview at Parliament House in Canberra, Australia, on Sunday, March 23, 2025.

Photographer: Hilary Wardhaugh/Bloomberg

Good morning, it's Harry here in Sydney with all your midweek must-knows

Today’s must-reads:
• Government unveils tax cuts in budget
• Smelter owner Trafigura calls for support against China
• Tesla chair Denholmdodges questions on Musk's focus

Australia’s government unveiled an unexpected tax cut and an extension of energy rebates in a pre-election budget designed to sooth voters’ cost-of-living concerns and help secure Prime Minister Anthony Albanese a second term in office. Check out the big winners and losers here.