ABC News – Top stories
·general
·1 hour ago
Coalition to propose permanent end to tax bracket creep
Australia's opposition Coalition will propose permanently indexing income tax brackets to inflation to combat bracket creep, Opposition Leader Angus Taylor announced Thursday. The plan, unveiled in his budget reply speech, would be phased in starting with lower brackets and sets up a major economic clash with Labor ahead of the 2028 election.
Summary by Glance · ABC News – Top stories
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