Event Brief
Coalition tax bracket indexing could cost more
Filed: May 15, 2026 at 2:03 AM ET
Summary: The Coalition’s plan to index tax brackets is estimated to cost $35 billion in four years and $44 billion in 2035-36.
WHO: Angus Taylor
WHAT: Announced a plan to index tax brackets to inflation, with estimated budget and taxpayer costs from bracket creep.
WHEN: May 15, 2026 at 1:04 AM ET
WHERE: Australia
WHY: The plan to index tax brackets to inflation is estimated to cost more than previously suggested, including $44 billion in 2035-36.
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