Fix the economy. Protect our way of life.
OUR PLAN FOR
Lower Taxes
Under Labor, the cost of everything is going up. Australians are paying more for groceries, power, insurance, mortgages, and rents.
Because Labor can’t manage money, inflation has been too high for too long. This has caused bracket creep – where Australians’ pay goes up with inflation and they’re forced into a higher tax bracket, leaving them worse off.
Labor’s Inflation Tax is a stealth raid on Australians working hard to get ahead.
OUR PLAN
A Taylor Coalition Government will:
- Stop Labor’s assault on aspiration by axing every one of Labor’s toxic taxes, including the Capital Gains Tax on Start-ups.
- End the Inflation Tax by introducing the Tax Back Guarantee.
- Back Small Business with a $50,000 instant asset write-off and make it permanent, for any business with a turnover under $10 million.
- Consult on a new Small Business Act.
OUR PRIORITY
STOP LABOR’S ASSAULT ON ASPIRATION
Labor’s Budget is an assault on aspiration.
Anthony Albanese’s broken promises on capital gains, trusts, and negative gearing mean all Australians pay more.
Labor is imposing higher taxes on housing, on savings, and on every asset class. It means higher taxes on young Australians trying to build a nest egg, on start-ups, on small and family businesses, on tradies, on farmers, on charities like local sporting clubs, and on widows.
Labor is locking out young Australians from the opportunities afforded to older Australians to build wealth and prosperity to get ahead.
- More than 200,000 small businesses will be forced to restructure under Labor’s trusts tax – confirmed in Treasury’s own papers.
The Coalition stands with Australians who work hard, take risks, save and invest in their future.
We believe in a free-enterprise economy: lower and simpler taxes, competitive markets, and reward for work, saving and risk-taking.
Labor’s toxic taxes obliterate opportunity for all Australians. You don’t restore aspiration by taxing it – you restore it by rewarding effort.
OUR PLAN
The Coalition will stop Labor’s assault on aspiration by axing every one of Labor’s toxic taxes.
A Taylor Coalition Government will:
- Axe Labor’s changes to Capital Gains Tax – the start-up tax.
- Axe Labor’s 30 per cent minimum tax on trusts – the small business tax.
- Axe Labor’s negative gearing changes – a housing tax.
- End Labor’s dishonest inflation tax through our Tax Back Guarantee, so never again can a government steal from Australians year after year by stealth.
These priorities will back aspiration and reward hard work.
OUR PRIORITY
TAX BACK GUARANTEE
Under Labor, the cost of everything is going up.
Australians are paying more for groceries, power, insurance, mortgages, and rents.
Because Labor can’t manage money, inflation has been too high for too long. This has caused bracket creep – where Australians’ pay goes up with inflation and they’re forced into a higher tax bracket, leaving them worse off.
Labor’s Inflation Tax is a stealth raid on Australians working hard to get ahead.
- Under a Coalition Government, 85 per cent of taxpayers fully protected from bracket creep from 2028-29 – every taxpayer protected from 2031-32.
When your wages rise just to keep up with inflation, you are no better off – and you should not pay higher taxes as though you are.
That is not fair. That is not honest. And under a Coalition government, it will end.
Tax reform should be fair, simple and honest. It should back Australians to work hard, take risks and invest in their future.
OUR PLAN
The Coalition will axe Labor’s Inflation Tax by introducing the Tax Back Guarantee.
A Taylor Coalition Government will:
- From 2028-29, index the bottom two income tax thresholds to inflation – fully protecting 85 per cent of income earners from Labor’s higher taxes, with relief of around $250 in year one growing to more than $1,000 a year in year four.
- From 2031-32, index the top two income tax thresholds as well – fully protecting all income earners from Labor’s higher taxes, with immediate relief of between $1,300 and $2,000 for those in the top two thresholds.
Our tax cuts will grow every year, and if inflation is higher they will be even bigger.
OUR PRIORITY
BACKING SMALL BUSINESS
small businesses are on their knees.
Because of Labor’s policies, almost 15,000 small businesses collapsed in 2025 – the worst year on record.
Labor has introduced thousands of new regulations – making it harder and more expensive to do business. Small business electricity bills have surged by about 40 per cent.
- 14,500 businesses collapsed in 2025 – the worst year for insolvencies since records began.
The Coalition will always back small businesses, including the regional businesses that keep local communities alive, and the five million Australians they employ.
We believe government should make it easier – not harder – to start, run and grow a small business.
That means getting rid of red tape and making sure regulators make life easier – not harder –for businesses and workers.
OUR PLAN
The Coalition will back small business.
A Taylor Coalition Government will:
- Establish a $50,000 instant asset write-off and make it permanent, for any business with a turnover under $10 million.
- Scrap Labor’s toxic taxes – lowering taxes for millions of small businesses.
- Expand access to CGT concessions to thousands more small businesses.
- Impose new responsibilities on regulators in law – requiring them to encourage competition, nurture investment, increase productivity, boost wages and grow the economy.
- Consult on a new Small Business Act.
OUR PRIORITY
SLASHING RED TAPE
Under Labor, Australians are over-governed and over-regulated.
In the space of three years, the Albanese Government has piled on over 400 new laws and added 5,000 new regulations.
The National Construction Code is more than 2,000 pages long, environmental laws are being weaponised by activists to kill nation-building projects, and the Corporations Act, Tax Acts and Competition Act have become a compliance nightmare for businesses large and small.
Under Labor, our financial regulators make it harder for businesses to grow, our workplace regulators are killing productivity, and our emissions reduction regulators are sending jobs and industry offshore.
The Coalition stands for simple and straightforward laws, and smaller and more effective government. That means less red tape and easier compliance – whether you’re building a home, a hospital, or a mine.
- Labor added 400 new laws and 5,000 new regulations in the last parliament.
OUR PLAN
A Taylor Coalition Government will:
- Rewrite key legislation that governs our economy so it is short, simple and straightforward.
- Impose new responsibilities on regulators by law – obliging them to encourage competition, nurture investment, increase productivity, boost wages and drive job creation.
- Legislate the same grow-the-economy mandate for public service departments and agencies.
- Simplify environmental approvals to fast-track nation-building projects.