The Australian flag flies outside the Reserve Bank of Australia (RBA) headquarters in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)

Turnbull Woos Australians With Tax Relief as Election Looms

(Bloomberg) -- Malcolm Turnbull’s government is dumping a planned tax hike, giving a clear signal it will use next month’s budget to offer relief to Australians ahead of an election due next year.

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