Treasurer Jim Chalmers will introduce Labor's revamped stage three tax cuts into parliament on Tuesday.
Prime Minister Anthony Albanese says the legislation needs to be passed as soon as possible to provide an easy transition for employers and the tax office.
"This is legislation which will give every taxpayer a tax cut and it should receive the support of every parliamentarian," he told the ABC's Insiders program on Sunday.
Legislation for Labor's revamped stage three tax cuts will be introduced into parliament on Tuesday. (Dan Peled/AAP PHOTOS)
Pushed on whether his word was still his bond after backflipping on pledges to not change the original stage three package, Mr Albanese said the economic circumstances had changed.
"The outlook was very different for global inflation, we didn't have a view that the Russian invasion of Ukraine and that war would be ongoing, there wasn't the Middle East conflict," he said.
"I'm an honest person, I am upfront ... I've listened to people who are all saying to me, 'well, what are you doing about cost of living? What are the measures that you can put in place?'"
The legislation will be released on Sunday ahead of parliament returning for the first time in 2024.
The opposition has not announced whether they'll support the new cuts, that redistribute savings from higher earners to those on lower to middle incomes, saying they were waiting to see the full details.
The Greens are also pushing the government to go further and give more support to those on lower wages in exchange for their support in the Senate.
"Our job is to make them as fair as possible and to deliver for low and middle income earners," Greens Leader Adam Bandt told Sky News.
"Politicians and billionaires and those in the top tax bracket get four and a half thousand a year.Â
"They get three times what middle income earners get and middle income earners are being asked to accept just an extra $15 a week."
