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Australian Families to Benefit from $60 a Week Tax Cuts

Australian families are expected to see a boost of over $60 per week when the government's tax cuts take effect from July, as per recent analysis from Treasury. The upcoming federal budget's measures to address the cost of living will kick in on 1 July, including tax cuts and energy relief for all households and 1 million small businesses. Treasurer Jim Chalmers highlighted that "mums and dads" will be among the major beneficiaries of these changes.

What is the estimated amount Australian families are set to pocket each week from the government's tax cuts starting in July?

According to Treasury analysis, Australian families are set to pocket more than $60 a week from the government's tax cuts starting in July.

When will the federal budget's cost-of-living measures, including tax cuts and energy relief, come into effect?

The federal budget's cost-of-living measures, including tax cuts and energy relief, will come into effect on 1 July.

Who are expected to be among the biggest beneficiaries of the tax cuts according to Jim Chalmers?

'Mums and dads' are expected to be among the biggest beneficiaries of the tax cuts according to Jim Chalmers.