The Morrison government's budget brings forward of income tax cuts .
STAGE TWO INCOME TAX CUTS
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TAXABLE INCOME (TAX SAVING IN 2020/21)
$40,000 ($1,060)
$60,000 ($2,160)
$80,000 ($2,160)
$100,000 ($2,445)
$120,000 ($2,745)
$140,000 ($2,565)
$160,000 ($2,565)
$180,000 ($2,565)
$200,000 ($2,565)
Australian Associated Press
