Menu Close

Articles on bracket creep

Displaying 1 - 20 of 26 articles

To start with each side offers a “lamington” (Low and Middle Income Tax offset), then the differences get serious. Shutterstock/Grattan Institute

Your income tax questions answered in three easy charts: Labor and Coalition proposals side by side

After some years the Coalition’s proposals would cost $40 billion per year more than Labor’s, but by then Labor will have probably cut tax further too.
Timing tricks help politicians avoid dealing with the substance of their policies. That isn’t going to change any time soon. Cindy Zhi

Government timing tricks hide the real budget story

It seems that timing tricks are now a thing in Australian politics. Revenues are brought forward and spending pushed back for cosmetic effect.
Economic reality has intruded on rosy budget predictions for years now and the Pre-election Economic and Fiscal Outlook may soon challenge Treasurer Scott Morrison’s forecasts. AAP/Mick Tsikas

Three critical tests for Budget 2016: how does it fare?

Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Deloitte strongly argues the budget has a revenue problem, not just a spending problem – a proposition consistently rejected by Treasurer Scott Morrison. Lukas Coch/AAP

Deloitte projects $129 billion four-year cumulative deficit, proclaims ‘a revenue problem’

The federal budget deficit from now through to 2018-19 is likely to be $129 billion, $21 billion worse than in the December official budget update, according to Deloitte Access Economics.
In comments to the Coalition joint partyroom, Tony Abbott urged the government to go down the savings path. Mick Tsikas/AAP

Tony Abbott’s nope, nope, nope moment on tax

On Monday, a scarifying account of Tony Abbott’s prime ministership appears in the bookshops. By journalist Niki Savva, The Road to Ruin: How Tony Abbott and Peta Credlin Destroyed Their Own Government…
Treasurer Scott Morrison emphasises the government’s desire to control “new spending” in a speech to the National Press Club. Mick Tsikas/AAP

Morrison still hopeful of modest relief on tax bracket creep

Treasurer Scott Morrison has “rescaled” the tax debate to hold out the prospect of “modest” tax relief that may prevent average wage earners moving into the second highest tax bracket.

Top contributors

More