Shorten will keep deficit levy for decade 20160531 p5ueif.html – Breaking News & Latest Updates 2026
Advertisement
Advertisement
BREAKINGMan injured in suspected shark attack in WArightArrow
This was published 10 years ago

Deficit levy will be permanent: Bowen

AAP

Powered by

Shadow treasurer Chris Bowen appears to have contradicted his leader, saying the deficit levy on high-income earners will be permanent.

Earlier, Opposition Leader Bill Shorten said a Labor government would keep the budget repair levy for at least 10 years.

The two per cent temporary levy on those earning above $180,000, introduced by the Abbott government in 2014, is legislated to end in mid-2017.

Advertisement

"I said on budget night that Labor would make the top marginal tax rate a permanent marginal tax rate," Mr Bowen told reporters in Sydney on Tuesday.

Tax relief across all income brackets would only be considered by a Labor government "when fiscal circumstances allow".

email icon

Contact us

Share a tip-off, video or photo with us

Most viewed in Australia

More to explore