Overview

• In a speech to the Centre for Independent Studies, the opposition leader said the Coalition will take a personal income tax cut policy to the next election.
• She withheld size and timing, saying the package will be set as the budget position becomes clearer over the next two and a half years.
• Ley said savings from opposing what she calls Labor’s wasteful spending would be returned to taxpayers or used for budget repair.
• She also foreshadowed reversing elements of Labor’s multi-employer bargaining laws in favour of enterprise-level agreements and greater flexibility.
• Treasurer Jim Chalmers criticised the lack of costings and warned of service cuts, pointing to a PBO analysis that said previous Coalition plans would add $460 billion to deficits and $147.3 billion to gross debt.