STATEMENTS BY MEMBERS

Mr REBELLO (McPherson) (13:39): Today Labor had a simple choice. They could have voted for the coalition's amendment to give working Australians bigger and better tax cuts through our tax back guarantee. Instead, they voted to keep their inflation tax.

So the question is very simple: Why? Why did Labor vote against stopping bracket creep? Why did Labor vote against automatic tax cuts that get bigger every year?

Why did Labor vote against a plan that means, when prices go up, tax thresholds go up too? Under Labor prices rise, wages try to catch up, and then the tax office quietly takes more and more of your hard earned money. It's very neat, very sneaky, very Labor.

For a typical worker, the coalition's plan means around $250 back in year 1, $500 back in year 2, $750 back in year 3, and in year 4 it's $1,000. Labor's offer in year 4 is still $250. The Prime Minister ruled his toxic taxes out 50 times.

Now Australians are facing $280 billion in higher taxes. So why did Labor vote against our amendment? Because Labor cannot manage money, and now they're coming after yours.

The coalition will axe Labor's toxic taxes and deliver bigger, better tax cuts for Australians who are doing the right thing and trying to get ahead.