Allegra Spender (Wentworth, Independent) Share this | Hansard source

My question is to the Treasurer. Your budget is framed around intergenerational equity, and I congratulate you for seeking to tilt the balance back towards young home buyers. A tax system that overburdens young workers is not only unfair; it is also unsustainable in an ageing population. But to help young Australians build their wealth, we also need to reduce their income tax rates. This budget raises more than $77 billion in extra revenue over the medium term. When will you legislate to return that extra revenue to taxpayers by reducing income tax rates?

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