House debates

Thursday, 21 June 2018

Questions without Notice

Income Tax

2:01 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

What we've been able to achieve today is for them. This has been a win for hardworking Australian families, who will be able to keep more of the money they earn and who will be given every encouragement to dream, to aspire, to have high hopes and to know that when they earn a bit more they will only be paying 32½c in the dollar instead of going into higher and higher tax brackets. This is a massive personal income tax reform—the most comprehensive in a generation—and the winners are the hardworking Australian families the Labor Party has abandoned.

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