What has Labor done?
After voting for the Coalition’s flagship tax cut bill, has the party laid down its sword on tax policy, adopting a cynical third way approach of strategic capitulation? Or is it pragmatically avoiding the optics of voting against lower- and middle-income tax cuts for progressive purity when their assent was rendered inconsequential after some piecemeal crossbench horse-trading anyway?
I’m not sure Labor knows itself, as its post-election policy recalibration is undoubtedly a work-in-progress. Asked whether Labor will repeal stage three of the tax cuts due in 2024-25 -- in which workers earning over $180,000 would reap over a third of the benefits -- Anthony Albanese has promised to let us know sometime before the next election, once party strategist have worked out What Went Wrong™.