Broad: Mallee set to benefit
Member for Mallee Andrew Broad said he believed the Federal Government income-tax reforms would provide relief for all workers across the Wimmera, Mallee and Mildura.
He said people in his electorate were set to benefit from relief of up to $530 in the 2018-19 financial year.
Mr Broad said Mallee electorate residents would pay less tax and be rewarded for hard work under the new legislation.
“Middle and low-income earners and their families across the Wimmera, Mallee and Mildura can expect to gain the most from the Personal Income Tax Plan, with 73.8 percent of workers in the electorate qualifying for the full benefit of $530 a year,” he said.
“If you are a working family in our patch that’s an extra $1060 back into your pockets to spend on your family and the things that matter the most to you.
“Almost three quarters of workers in Mallee will start earning their tax relief.”
Mr Broad said the next phase of the Personal Income Tax Plan would protect working Australians from ‘bracket creep’ with tax thresholds rising gradually during the next five years to ensure more Australians earned more and paid less.
“This is a great part of the plan. It means that when you get a pay rise – your tax won’t be going up, you will stay in the same tax bracket and pay the same amount of tax while earning more,” he said.
“This is about plain and simple taxes for our hard workers and about keeping as much money in your pockets as possible.”