EDITOR'S NOTE: We mention in the podcast that Stage 3 tax cuts will begin in 2023. This is incorrect; they are scheduled to begin in the 2024/25 financial year.

Liz Truss won the gold medal for tax cut backflips this week, but will Anthony Albanese and treasurer Jim Chalmers follow suit? 

With the Reserve Bank of Australia delivering a sixth-straight monthly interest rate rise, and recession fears rising across the globe, is Labor about to go back on its election promise to hand out tax cuts to the highest tier of earners? 

James Law and news.com.au deputy editor Liz Burke discuss if it's the right move to give Australia's wealthiest a tax cut, or if Labor should try and save some money in the budget for the 'storm clouds' gathering.

Meanwhile, the religious freedoms debate is back and raging, after 30-hour Essendon CEO Andrew Thorburn stands down after his links with a Victorian church that holds questionable views on abortion and homosexuality were uncovered.

And finally, winter sport season is officially over after the Penrith Panthers steamrolled Parramatta in the NRL Grand Final. But did their bragging go too far? Some in the footy world are up in arms after they were called 'bad winners' for the showmanship in their celebrations. Are they right to be called out?

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