The opposition leader Angus Taylor has promised to end bracket creep by introducing tax indexation.
But are 'silent' increases in tax a necessary evil, allowing governments to ride out economic storms, and cover the cost of the services we need but may not be willing to pay for?
Some economists think so.
Guests:
Luci Ellis - Chief Economist, Westpac
Matt Nolan - Senior Research Manager, e61 Institute
Referred to:
Bracket creep and its fiscal impact, Parliamentary Budget Office, September 29, 2021
The Impact of Tax Indexation on the Budget and People, Peter Davidson, Tax and Transfer Institute, June 20 2025
Would Tax Indexation Have Made Us Better Off? David Richardson, The Austraia Institute, June 4 2026
Coordinated policy should not be a drag, Luci Ellis, Westpac, December 14, 2023