Indexation would start in 2028-29 with the two lower tax brackets for workers earning under $135,000

Indexation would start in 2028-29 with the two lower tax brackets for workers earning under $135,000

The Coalition would repeal all of Labor's negative gearing and capital gains changes and spend $22.5 billion over four years handing back tax "bracket creep" to workers if elected.

The Coalition's plan to index tax brackets could cost $35 billion in the first four years, more than has been suggested, and $44 billion in one year alone in 2035-36.