Coalition To Deliver Targeted Cost Of Living Tax Relief
An elected Dutton Coalition Government will deliver a Cost of Living Tax Offset to more than 10 million taxpayers as part of our plan to get Australia back on track.
The policy will see eligible Australians earning up to $144,000 receive up to $1,200 in tax relief when they lodge their tax return for the upcoming financial year.
The Leader of the Opposition Peter Dutton said the temporary and targeted Cost of Living Tax Offset would provide vital support for families while the Coalition addressed the underlying economic problems created by Labor, including weak growth and spiralling energy prices.
“Australians are hurting – and Anthony Albanese isn’t listening,” Mr Dutton said.
“The Coalition is stepping up with a plan that provides real help.
“Families are getting smashed under the Albanese Government, and they need help now.
“A Coalition government will first provide help to families by cutting fuel by 25 cents a litre – a saving of about $1,500 a year for a two car family. And then by giving back up to $2,400 per family whilst we clean up Labor’s mess. Labor’s 70 cents a day is a bandaid on a bullet wound.
“Our Cost of Living Tax Offset will put more money back into the pockets of millions of Australians at a time when they’re being crushed by skyrocketing grocery bills, rent, mortgage repayments and insurance costs.
“Labor’s so-called tax cut – just 70 cents a day – is a slap in the face to hardworking Australians and an insult to families trying to make ends meet.
“It shows just how out of touch Mr Albanese really is.”
Shadow Treasurer Angus Taylor said the Coalition’s tax relief plan is responsible, temporary and targeted, and forms part of a broader economic strategy to ease cost of living pressures and lift living standards.
“Under Labor, Australians have suffered the largest fall in living standards in our nation’s history,” Mr Taylor said.
“Labor’s big spending agenda is fueling inflation and driving up the cost of everything.
“The Coalition’s approach is different – we will provide temporary and targeted cost of living relief while we get our economy back on track. We will restore responsible economic management, deliver a plan to lower electricity and gas bills, and restore prosperity for working Australians.
“This offset is part of our comprehensive plan to rebuild the economy, ease cost of living pressures, and reward hard work.”
Providing responsible, temporary and targeted relief by cutting taxes is part of our plan to get Australia back on track.
Key details of the Coalition’s Cost of Living Tax Offset
https://www.liberal.org.au/2025/04/13/coalition-to-deliver-targeted-cost-of-living-tax-relief