With the Stage 3 Tax Cuts due to take effect mid-year, many have been looking forward to some relief to constant financial pressure.

However with the deadline looming, Anthony Albanese and his Caucus have reportedly been eyeing off changes that would pull back some of the concessions in the cuts.

Oliver Peterson talks to 2GB’s Chris O’Keefe about what we know, what may be in the Federal pipeline and how it will potentially affect both low- and high-income earners.

Press PLAY to hear the full interview