Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’

Labor’s pre-election promise of a $1,000 standard tax deduction and $250 ‘working Australians tax offset’ will be included in the draft laws

As Labor MPs grumbled about the messy public messaging after this month’s budget, tempers flared and Anthony Albanese warned Angus Taylor over his leadership prospects.