The Turnbull Government has delivered personal tax relief, reducing cost pressures on Australian families.
An average middle-income family with both parents working stands to keep an additional $1,000 each and every year.
Our tax relief plan is an important part of our plan for a stronger economy and is affordable and funded. It will help Australians pay their bills or spend at local businesses – which in turn helps our economy.
By completion, 94 per cent of Australian workers will not face a higher marginal tax rate of more than 32.5 cents in the dollar.
Unfortunately, Labor and the Greens tried to block our tax relief plan. Whilst we believe in rewarding effort and hard work, Labor and the Greens want to penalise it. Labor and the Greens do not have an economic plan – only a commitment to higher taxes.
The Turnbull Government will continue to implement our plan for a stronger economy. Without a strong economy, Australia won’t have the capacity to deliver the jobs and opportunities we need.
Our plan for a stronger economy also means we can guarantee essential services like Medicare, and invest record amounts in schools and hospitals.