Tax Rates 2024 2024 Australia. The monthly cpi indicator is a measure of inflation and includes statistics about prices for categories of households expenditure. The individual income tax rates will depend on the income year you select and your residency status for income tax purposes during that income year.

The albanese labor government will reduce the 19 and 32.5 per cent tax rates and increase the thresholds for higher rates from july 1, 2024. The latest release shows that the monthly.