The Albanese government has to make a vital decision: support Australians who are financially under water, or keep an election promise. Economist Peter Martin reports on the controversial Stage 3 tax cuts.

Voters may disagree

But when asked in an Australia Institute survey what was more important – keeping a promise or reacting to changing economic circumstances – 61% picked reacting to changing circumstances.

Even among Coalition voters, 56% supported reacting to changing circumstances.

It puts the Stage 3 tax cuts in play. There’s still time, and plenty of electoral and economic reasons to rejig them.

Source: Fix Stage 3 tax cuts, save billions, make Australians richer – or keep a poor election promise? – Michael West