Division
Slade Brockman I will now deal with the requests for amendments to the Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 circulated by One Nation. In accordance with the usual practice, the statements accompanying the requests circulated to this bill will be incorporated in _Hansard_. The question is that the requests for amendment on sheet 3895 be agreed to. _One Nation's circulated_ _reques_ _ts_ _for_ _amendment_ _s_ _to_ _the Income Tax Rates Amendment (Tax Reform No. 1) Bill 202_ _6_ That the House of Representatives be requested to make the following amendments: (1) Schedule 1, heading, page 3 (line 1), omit "Amendments", substitute "Minimum tax on capital gains". (2) Page 3 (after line 19), at the end of the Bill, add: Schedule 2 — Indexation of income tax thresholds _Income Tax Rates Act 1986_ 1 Subsection 3(1) Insert: _income tax threshold_ means the following amounts (subject to indexation under section 20A): (a) the dollar amount mentioned in the definition of _tax-free threshold_ in this subsection; (b) each dollar amount mentioned in the table in clause 1 of Part I of Schedule 7 (table dealing with tax rates for resident taxpayers); (c) each dollar amount mentioned in the table in clause 1 of Part II of Schedule 7 (table dealing with tax rates for non-resident taxpayers); (d) each dollar amount mentioned in the table in clause 1 of Part III of Schedule 7 (table dealing with tax rates for working holiday makers). 2 At the end of Part II Add: Division 5 — Indexation of income tax thresholds 20A Indexation of income tax thresholds _Indexation_ (1) On 1 July 2027 and each later 1 July (the _indexation day_), each income tax threshold is replaced by the amount worked out using the following formula: (2) However, subsection (1) does not apply for an indexation day if the indexation factor for the indexation day is 1 or less. (3) The amount worked out under subsection (1) is to be rounded to the nearest whole dollar (rounding 50 cents upwards). _Indexati
Senate, 2026-06-25. negative: ayes 26, noes 34.
Question
Slade Brockman I will now deal with the requests for amendments to the Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 circulated by One Nation. In accordance with the usual practice, the statements accompanying the requests circulated to this bill will be incorporated in _Hansard_. The question is that the requests for amendment on sheet 3895 be agreed to. _One Nation's circulated_ _reques_ _ts_ _for_ _amendment_ _s_ _to_ _the Income Tax Rates Amendment (Tax Reform No. 1) Bill 202_ _6_ That the House of Representatives be requested to make the following amendments: (1) Schedule 1, heading, page 3 (line 1), omit "Amendments", substitute "Minimum tax on capital gains". (2) Page 3 (after line 19), at the end of the Bill, add: Schedule 2 — Indexation of income tax thresholds _Income Tax Rates Act 1986_ 1 Subsection 3(1) Insert: _income tax threshold_ means the following amounts (subject to indexation under section 20A): (a) the dollar amount mentioned in the definition of _tax-free threshold_ in this subsection; (b) each dollar amount mentioned in the table in clause 1 of Part I of Schedule 7 (table dealing with tax rates for resident taxpayers); (c) each dollar amount mentioned in the table in clause 1 of Part II of Schedule 7 (table dealing with tax rates for non-resident taxpayers); (d) each dollar amount mentioned in the table in clause 1 of Part III of Schedule 7 (table dealing with tax rates for working holiday makers). 2 At the end of Part II Add: Division 5 — Indexation of income tax thresholds 20A Indexation of income tax thresholds _Indexation_ (1) On 1 July 2027 and each later 1 July (the _indexation day_), each income tax threshold is replaced by the amount worked out using the following formula: (2) However, subsection (1) does not apply for an indexation day if the indexation factor for the indexation day is 1 or less. (3) The amount worked out under subsection (1) is to be rounded to the nearest whole dollar (rounding 50 cents upwards). _Indexati
How each member voted
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Related bills
- Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026
- Treasury Laws Amendment (Tax Reform No. 1) Bill 2026
Only formal divisions leave a per-member record. A procedural vote is not necessarily a vote for or against a bill.