AUSVOTES ECONOMIC FACTS #6: Coalition taxing at a record high, not Labor

AUSVOTES ECONOMIC FACTS #6: Coalition taxing at a record high, not Labor

The economy is a dominant issue in the Election. From now until polling day, Independent Australia will outline some key facts on the economy that put the kybosh on many of the myths, lies and distort...

11.7 million Aussies will head to the polls with work and wages top of mind

60% of Aussies are struggling to make ends meet with their current paycheckA household income of over $160,000 now deemed necessary to have a comfortable standard of living76% believe wages have not kept up with cost of livingFinancial optimism higher in South AustraliaVictorian and NSW workers are most insecure about employmentAs Australia approaches the federal election, three in five (60%)  workers say their current paycheck isn't enough to m…

Labor and Coalition unveil competing tax relief plans for small-business earners

As election day draws closer, Australia’s major parties have unveiled new tax policies aimed at easing cost-of-living pressures. Here’s what Labor and the Coalition have promised taxpayers, if they are elected. Labor pledges $1000 automatic tax deduction Labor has promised a new automatic $1000 tax deduction for work-related expenses. Individuals claiming this automatic deduction would not require receipts and the ATO would not conduct audits. T…

Federal Election 2025: Understanding the Labor and Coalition tax policies

As the 2025 Federal Election approaches, both the Labor Government and the Coalition have unveiled tax policies aimed at addressing cost-of-living pressures. I analyse their proposals below. Labor’s proposed tax changes for 2025 As well as the existing stage three income tax cuts, which came into force on 1 July 2024, Labor’s policy manifesto contains a number of proposals which aim to build on that tax cut by providing relief to low and middle-…