Personal income tax cuts pass parliament

Personal income tax cuts worth $144 billion have passed federal parliament in a major victory for the Turnbull government.

Under the first of three stages in the plan, low- and middle-income earners will get tax relief of up to $530 a year from July 1 with benefits for people earning up to $200,000 to come into place in 2024.

The entire package cleared the Senate on Thursday with the support of One Nation and Centre Alliance, while Labor, the Greens and independent Tim Storer opposed the plan.