Ley Pledges Tax Cuts, Budget Repair, Workplace Rollbacks
Ley Pledges Tax Cuts, Budget Repair, Workplace Rollbacks

Ley Pledges Tax Cuts, Budget Repair, Workplace Rollbacks

News summary

Opposition leader Sussan Ley has pledged the Coalition will take a plan for personal income tax cuts prioritising low- and middle-income earners to the next federal election. She said the shadow ministry's twin priorities are lower personal income taxes and budget repair, and it will oppose what it deems Labor waste to return savings to taxpayers; the scale of any cuts will be set once the budget position is clearer over the next two and a half years. Ley proposed cutting red tape, including a targeted $4.4 billion reduction, and dropping targeted incentives such as electric-vehicle tax breaks under a "do fewer things and do them better" approach. She signalled moves to roll back Labor’s union-backed workplace laws and criticised multi-employer bargaining as unaffordable for small businesses. The pledge is intended to steer the Coalition back toward traditional Howard-era economic settings and to draw a contrast with the party's stance at the May election, when it did not offer a dedicated income tax package.

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Last Updated
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