Our government understands the pressures Australians face with rising living costs. To help ease this burden, we are committed to lowering taxes, ensuring more money stays in the pockets of families and businesses.
By reducing the tax load, we will give individuals greater financial freedom and help businesses grow, which in turn creates jobs and boosts wages. Lower taxes mean more disposable income for everyday Australians to cover essential costs such as housing, groceries, and utilities, while also stimulating the economy, driving down prices, and improving overall affordability for all.
With thousands struggling with the cost of living and inflationary pressures drastically high as a result of excessive government expenditure, it is time to give Australian's more control over their own money.
We will reduce the corporate tax rate to stimulate business growth and attract foreign investment. Lower taxes on businesses will result in higher profitability, encouraging companies to reinvest in their operations, create new jobs, and strengthen Australia’s competitiveness on the global stage.
Since the SDP hiked taxes on all businesses by 2.5% all those months ago, governments have blatantly ignored the business community. The Liberals are calling for this to be cut to make it more affordable for businesses to succeed!
We will cut red tape impacting small and medium-sized enterprises (SMEs).
By simplifying regulatory frameworks and removing unnecessary administrative barriers, we will enable SMEs to focus on innovation and growth, driving economic expansion and job creation across Australia.
The Liberals are the only party that will do this, with the SDP and Jordology looking to add even more bureaucratic framework to our nation!
We will continue to support our better housing initiatives in the National Housing Supply and Affordability Act and the Housing Australia Future Fund.
These two pieces take decisive action to address our nation's housing issue at its core - the supply of housing. They take decisive action on increasing housing stock and investing in our nation's future housing infrastructure, making it easier for first-time buyers to enter the market and for families to find affordable homes.
Our government is committed to making housing more affordable for all Australians.
By reducing the benefits of negative gearing, we aim to level the playing field between property investors and first-time home buyers. This reform will help curb speculative investment in the housing market, stabilizing property prices and making home-ownership more attainable for everyday Australians.
Coupled with our legislation towards building new housing, it will ensure that our housing market remains sustainable and accessible for future generations.
We will reform the Corporations Act to specifically target and prevent predatory behavior by immoral corporate actors. This reform will introduce stricter regulations and oversight to identify and address unethical practices, including price gouging, deceptive advertising, and exploitation of consumers or small businesses.
Companies found engaging in such behavior will face severe penalties, including fines, loss of licenses, or restrictions on their operations.
By holding corporations accountable, we aim to foster a business environment that values ethical practices and long-term sustainability over short-term greed. This reform will restore trust in Australia’s corporate sector and support the economic well-being of all Australians.
The Liberal Party will make the bold statement of raising the tax-free threshold, allowing Aussies to keep more of their hard-earned money before any tax is applied.
By increasing the tax-free threshold, we aim to provide immediate financial relief to low and middle-income earners, helping families and individuals meet rising living costs.
Through this measure, we reaffirm our commitment to reducing the financial burden on everyday Australians and helping build a more prosperous, fair, and resilient economy for all.
Have you ever owned a property before? If not, you're in luck. The Liberal Party will provide up to $20,000 annually to 25,000 first home buyers who are Australian citizens looking to purchase their first home under $1,000,000.
This initiative is designed to help aspiring homeowners overcome the financial barriers to entering the property market, making homeownership more attainable for everyday Australians. By easing the upfront costs, including deposits and fees, we aim to support young families and individuals in achieving their dreams.
Depending on the success of this program and the state of the housing market, we will look to expand it in future terms, ensuring more Australians can benefit and contribute to our nation's long-term housing affordability and economic growth.
We increased the minimum wage, ensuring that the hardworking men and women of this country receive fair compensation for their efforts. This wasn't just an economic adjustment; it was a statement of our values—that hard work should be rewarded.
We removed the fuel and alcohol tax, directly reducing expenses for families and businesses alike. This move has provided immediate relief at the petrol pump and made life more affordable, stimulating local economies.
We passed the National Housing Supply and Affordability Act, which takes decisive action to address the housing shortage by ensuring that Australia has enough resource to build housing into the future.
We eliminated the debit and credit card surcharge, putting an end to hidden fees that chip away at YOUR hard-earned money. It means more of your income stays in your pocket.
"Cheap fuel? I LOVE IT!" - Former PM Griffo when asked on what we've done to date.