The Guardian Australia – News
·general
·1 hour ago
Angus Taylor plans tax bracket indexation from 2028 to fight bracket creep
Opposition leader Angus Taylor announced plans Thursday to index Australia's tax brackets to inflation from 2028-29, targeting bracket creep affecting workers earning under $135,000. The move would deliver savings of about $1,000 within four years to 85% of workers. Taylor also pledged to invest 80% of resources price windfalls into a new "Future Generations Fund".
Summary by Glance · The Guardian Australia – News
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