"Ajen is an accountant who is down to earth and genuinely interested in their clients prospering."
"As a trusted advisor you guided our business back on course when the outlook was far from positive and we look forward to your continued assistance into the future"
"His attitude towards his work and my portfolio has been exemplary. He always finds time for me at short notice and is a benefit to all."
"Ajen always has a high standard of professional manner. He continued to give me good advice and is a reliable person, helpful in sorting out problems and finding solutions easily."
"Ajendra has made himself available sometimes even after normal business hours, to assist us with any questions we have, even when sometimes they may have seemed silly or simple, he has answered in full and easy to understand terminology, at no point has he ever made me feel silly for asking."
"He is always accessible to speak with and even calls me to ask if I need help with anything."
"Ajendra's willingness to dedicate "caring time" to his clients sets him apart from others."
"I am confident to refer friends and family to his team because I know they are in the most capable hands. Ajendra’s honest, caring and upbeat nature has been an absolute godsend and I am so thankful that our paths crossed"
"Ajendra’s speaks with you in a language that you can understand and comprehend easily which assists in equity and partnership with your tax agent."
"We find you have a personal approach to your accounting practice, which makes everyone feel like number 1. This is a rare and special trait, and leaves us knowing we are in good hands."
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"He shows a genuine interest and I never feel rushed. He has created a warm and friendly environement."

Labor tweaks stage 3 tax cuts to make room for ‘middle Australia’

Following years of mixed messaging, Labor has bowed to economic pressure and announced changes to its stage three tax cuts.


Only those earning less than $150,000 will benefit from the impending tax cuts, which were originally slated to abolish the 37 per cent tax bracket applied to income between $120,000 and $180,000 and reduce the 32.5 per cent tax rate to 30 per cent for all incomes between $45,000 and $200,000.

However, with rising inflation and consequent increases to interest rates, Labor has pivoted to make room for cost-of-living ease for middle Australia, effectively scrapping the already legislated stage three rollout – something Prime Minister Albanese said he would not do going into the last election.

This means that those earning $200,000 or more will receive a $4,529 cut, instead of the legislated $9,075 they were due to receive from 1 July.


Under the changes, the 19 per cent tax rate that applies to incomes between the $18,200 tax-free threshold and $45,000 will be lowered to 16 per cent.

Those earning between $45,000 and $135,000 will be taxed at 30 per cent, while the 37 per cent tax rate will be reinstated and apply to incomes between $135,000 and $190,000, after which the 45 per cent rate will apply.

This means that someone on $73,000 will receive a tax cut over $1,500, more than double the amount under the previous plan, while somebody on $100,000 will have their tax cut increased from $1,375 to $2,179.

On Thursday before the National Press Club, Prime Minister Albanese said: “Our government will deliver a tax cut for every Australian taxpayer”.

"This is a plan for middle Australia that delivers for every Australian taxpayer, right up and down the income ladder,” he said.

The tax cuts won't hurt inflation, he said.

“This option is broadly revenue neutral and will not add to inflationary pressures,” the PM cited a Treasury report and added that there are no implications for the Reserve Bank’s forecasts.

“Some would say that we should stay the course, even if it means going to the wrong destination.

“To them I say, we are choosing a better way forward given the changed circumstances.”

The PM also added that his government will increase the low-income threshold at which the Medicare levy applies.

According to media reports, the government plans to launch an ad campaign to help sell its obvious backflip.

‘Different position for best reason’

Doing the media rounds on Thursday morning, Treasurer Jim Chalmers defended Labor’s surprise move, noting that the government has “come to a different position” for “the best possible reason”, which is “we can provide more tax relief for more people to help them with the cost‑of‑living”.

“Now we are being upfront with people and saying we have come to a different view. We've come to a different view because what we're proposing today is better for middle Australia, better for cost‑of‑living pressures, better for women and workforce participation and better for the economy, without adding to the inflationary pressures that we are dealing with,” Mr Chalmers told ABC Radio.

Questioned about whether these broken promises could be costly for Labor, Mr Chalmers said “what we're doing here is we're putting people before politics”.

“Of course, these will be politically contentious. Our opponents will play their usual mindless, nasty, negative politics over this.

“We understand that but I believe you build trust by making the right decisions for the right reasons in the interests of the people and when you come to a different view, as we have, you front up and explain why the circumstances have changed, why our position has changed and how people will benefit from what we are proposing today”.

In the lead-up to last year’s May budget, Treasurer Chalmers was, however, selling a different story, reinforcing at the time that the government would push ahead with stage three tax cuts.

This story would later shift to suggest that Labor was prepared to re-evaluate the tax cuts if inflation remained an issue.





Maja Garaca Djurdjevic
29 January 2024

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