The Albanese government is considering passing a cost-of-living relief package by lowering the tax rate for low and middle-income earners while possibly maintaining the 37 percent tax bracket. This represents a departure from its previous pledge to deliver stage three tax cuts for high-income earners. The move has led the opposition to accuse the government of breaking an election promise to maintain the original tax plan legislated under the Coalition government. Instead of the 37 percent rate being abolished for income between $120,000 to $180,000, as planned, the government is now considering raising the threshold to $135,000. Labor Party deputy leader, Sussan Ley, voiced opposition to these changes, stating the Coalition’s support for tax cuts for all levels of income. Labor leader Anthony Albanese countered that the government is facing considerable public pressure and that he would provide a detailed explanation of the government’s economic policy at an upcoming National Press Club on Jan. 25.