The Australian government and the opposition have proposed contrasting modifications to the national tax framework, focusing on the indexation of income tax brackets and the restructuring of capital gains tax (CGT).

澳洲政府與反對黨針對國家稅務框架提出了截然不同的修改建議，重點在於所得稅級距的指數化以及資本利得稅 (CGT) 的重組。

The Albanese administration intends to reinstate a pre-1999 CGT framework, replacing the current 50 per cent discount with inflation-based adjustments. This policy, scheduled for implementation in 2028-29, is projected to generate $1.35 billion in the first year and $2.28 billion in the subsequent year. The administration posits that this shift will disincentivize investment in existing real estate and encourage the development of new housing. However, Treasurer Jim Chalmers has indicated a willingness to modify these measures to provide relief for venture capital and technology start-ups.

艾班尼斯政府打算恢復 1999 年前的資本利得稅框架，以基於通貨膨脹的調整取代目前的 50% 折扣。此政策預計於 2028-29 年實施，預計第一年將產生 13.5 億美元，次年為 22.8 億美元。政府認為此舉將降低對現有房地產投資的 incentive，並鼓勵開發新住宅。然而，財政部長 Jim Chalmers 已表示願意修改這些措施，以向風險投資和科技創業公司提供緩解。

Conversely, the Coalition, led by Angus Taylor, proposes the reintroduction of income tax bracket indexation, a mechanism previously utilized in 1976 to mitigate 'bracket creep.' The Coalition asserts that this measure would protect taxpayers from inflation-driven tax increases. This proposal is accompanied by a plan to link immigration quotas to the volume of annual housing completions to address supply deficits. To fund these tax reductions, the Coalition suggests a reduction in public expenditure, specifically targeting climate change bureaucracies and welfare eligibility.

相反地，由 Angus Taylor 領導的聯合黨建議重新引入所得稅級距指數化，這是在 1976 年曾用於緩解「級距攀升」(bracket creep) 的機制。聯合黨主張這項措施將保護納稅人免於因通貨膨脹而導致的稅收增加。此提案還伴隨一項計劃，將移民配額與年度房屋完工量掛鉤，以解決供應短缺問題。為了資助這些減稅，聯合黨建議削減公共支出，特別是針對氣候變遷官僚機構和福利資格。

Significant fiscal disagreement exists regarding the cost of the Coalition's indexation plan. The government estimates the long-term budgetary impact could reach $250 billion in additional debt, while the Coalition characterizes the government's CGT adjustments as a substantial tax increase that will diminish private sector growth. Furthermore, the efficacy of respective housing infrastructure funds remains contested, with disparate projections regarding the number of dwellings generated per dollar of investment.

關於聯合黨指數化計劃的成本，雙方存在顯著的財政分歧。政府估計長期預算影響可能導致 2500 億美元的額外債務，而聯合黨則將政府的資本利得稅調整形容為大幅增稅，將削弱私部門的成長。此外，各自房屋基礎設施基金的成效仍有爭議，對於每投資一美元所產生的住宅數量預測各異。

The current political landscape is defined by a fundamental disagreement over whether to prioritize revenue generation and housing behavioral shifts or to implement broad tax relief through bracket indexation.

目前的政治格局是由一個根本分歧所定義的：究竟是要優先考慮增加財政收入與改變住房行為，還是透過級距指數化來實施廣泛的稅務減免。