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flag Australia’s workforce grew by 1.1 million under Albanese, cutting unemployment to 4.2% and boosting tax revenue by $22 billion, with tax receipts hitting a 38-year high of 25.9% of GDP.

flag Australia’s workforce grew by 1.1 million under the Albanese government, lowering unemployment to 4.2% and boosting annual federal tax revenue by $22 billion, driven by stronger income and corporate tax collections. flag Tax receipts reached 25.9% of GDP in 2025, the highest in 38 years, reflecting a shift toward taxes on economic activity. flag However, economist Chris Richardson criticizes policy decisions, such as generous EV fringe benefit tax breaks, for prioritizing political appeal over effectiveness, highlighting a broader trend of short-termism in governance.

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