Malcolm Roberts (Queensland, Pauline Hanson's One Nation Party) | Hansard source

My question is to the Minister for Finance, Senator Gallagher. Last week, I moved an amendment that would have introduced indexation of tax brackets to protect against bracket creep, which is where inflation-driven pay rises push workers into the higher tax bracket and they wind up paying more tax on their pay packet. While this government adjusted tax brackets several years ago, the high inflation under your government has since negated the benefit. Australians are now no better off than they were in 2022, paying 17.7 per cent of the average wage in tax. The pay rises coming through next week will be the start of bracket creep, making people worse off than in 2022. Minister, why won't this government support indexation of tax brackets? Are you happy to see workers paying more tax than when you came to power?