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Election Coverage Flat White

Bracket creep and soft economists

20 April 2025

6:40 PM

20 April 2025

6:40 PM

The Albanese government reduced the Stage 3 tax cuts that were designed to address some the burden of bracket creep. The trouble is bracket creep is built into our progressive tax system. Unless something is routinely legislated to fix it, bracket creep happens systemically. Labor sent that plan backwards.

Instead, Labor has focused on the unjustifiable figure of $600 billion they made-up as a costing for the Coalition’s nuclear energy policy while denying that their ‘cheapest form of energy’ isn’t cheap at all.

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