Australian Labor Party
Tax
Lower the 16% income tax rate to 15% from 1 July 2026 and to 14% from 1 July 2027.
The commitment in plain words, not a quote.
In progress
Legislated in March 2025. The cut to 15% is due from 1 July 2026; the cut to 14% is due from 1 July 2027.
Reported in
Source: From tax changes to bulk billing, here's when Albanese's key policies are set to begin (11 May 2025)
SBS News · checked 14 Oct 2026
Evidence for the status
Source: From tax changes to bulk billing, here's when Albanese's key policies are set to begin (11 May 2025)
SBS News · checked 14 Oct 2026
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