On January 13th, Australian Finance Minister Josh Frydenberg said that about 1.3 million Australians lost their jobs during the epidemic. In order to promote economic recovery, the Morrison government introduced a tax cut of 7 billion Australian dollars in the second half of 2020. Since July, the average tax cut for each person has exceeded 680 Australian dollars, and the tax cut for couples has exceeded 1372 Australian dollars. 85% of the unemployed or employees whose working hours have been reduced to zero have now returned to work. In addition, the second phase of the tax reduction plan launched by the Morrison government last year, which provides a one-off additional low-to-middle income tax credit (LMITO) in 2021, will benefit more than 11.5 million Australians and create approximately 100,000 Job opportunities. https://www.news.com.au/finance/money/australians-680-better-off-under-tax-cuts/news-story/8c214f368cc73d3f0b49c0f7dd9a8bed
