royal_assent
Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026
Portfolio: Treasury
Introduced28 May 2026
Passed House4 June 2026
Passed Senate25 June 2026
Royal assent26 June 2026
What does this bill do, in plain English?
Changes how much income tax different earners pay by adjusting tax brackets and rates.
Source: Australian Parliament House bill record
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