Party vote

Incomes and employment

The price of everything is rising fast, as inflation reaches its highest levels since the 1990s. The cost of living has become a major election issue with all major parties promising a raft of changes to ease the pressure on households. Some focus on increasing incomes through tax cuts or increases to benefits, some focus on reducing prices, while others maintain that the way forward is to reduce regulation to reduce costs on businesses.

Incomes and employment

The price of everything is rising fast, as inflation reaches its highest levels since the 1990s. The cost of living has become a major election issue with all major parties promising a raft of changes to ease the pressure on households. Some focus on increasing incomes through tax cuts or increases to benefits, some focus on reducing prices, while others maintain that the way forward is to reduce regulation to reduce costs on businesses.

Key policiesACCBenefitsJobs and employmentPricesSuperannuation and savingsTax and income supportWages and working conditions

  • Introduce a weekly income guarantee

    Make the first $10,000 of income tax free

    Introduce a wealth tax

  • Introduce a childcare tax rebate for families earning less than $180,000 per year

    Adjust income tax brackets for inflation

    Abolish fair pay agreements

  • Compensate people who lost jobs due to Covid-19 vaccination requirements

    Adjust income tax brackets for inflation

    Hold a select committee inquiry into removing GST from fresh food

  • Remove GST from fruit and vegetables

    Provide two weeks of paid partner's leave

    Increase support and expand eligibility for Working for Families payments

  • Introduce a two-rate income tax system

    Increase the retirement age to 67 and index it to life expectancy

    Abolish fair pay agreements

  • Make the first $20,000 of income tax free

    Replace Working for Families with child tax credits

    Reduce taxes over time

  • Make the first $15,000 of income tax free

    Cancel all debt owed to MSD

    Reduce tax on income up to $80,000

  • Make the first $30,000 of income tax free

    Introduce a wealth tax

    Double baseline benefit levels

Key policiesACCBenefitsJobs and employmentPricesSuperannuation and savingsTax and income supportWages and working conditions

  • Introduce a weekly income guarantee

    Make the first $10,000 of income tax free

    Introduce a wealth tax

  • Introduce a childcare tax rebate for families earning less than $180,000 per year

    Adjust income tax brackets for inflation

    Abolish fair pay agreements

  • Compensate people who lost jobs due to Covid-19 vaccination requirements

    Adjust income tax brackets for inflation

    Hold a select committee inquiry into removing GST from fresh food

  • Remove GST from fruit and vegetables

    Provide two weeks of paid partner's leave

    Increase support and expand eligibility for Working for Families payments

  • Introduce a two-rate income tax system

    Increase the retirement age to 67 and index it to life expectancy

    Abolish fair pay agreements

  • Make the first $20,000 of income tax free

    Replace Working for Families with child tax credits

    Reduce taxes over time

  • Make the first $15,000 of income tax free

    Cancel all debt owed to MSD

    Reduce tax on income up to $80,000

  • Make the first $30,000 of income tax free

    Introduce a wealth tax

    Double baseline benefit levels

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