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Will the proposed tax cuts add to inflationary pressures?

Author
Newstalk ZB,
Publish Date
Tue, 28 May 2024, 8:44pm
Photo / Marty Melville
Photo / Marty Melville

Will the proposed tax cuts add to inflationary pressures?

Author
Newstalk ZB,
Publish Date
Tue, 28 May 2024, 8:44pm

Ahead of Budget 2024, there's concern the proposed tax cuts will contribute to existing inflationary pressures.

The Government has confirmed they plan to deliver tax relief to most households - the details of which will be revealed on Thursday.

Infometrics principal economist Brad Olsen explains why people shouldn't be too concerned.

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