Two high-profile Liberals defect to One Nation – as it happened

This blog is now closed.Get our breaking news email, free app or daily news podcastJim Chalmers says the opposition’s policy to index tax brackets would cost the budget a quarter of a trillion dollars over 10 years, while claiming that the government is returning bracket creep to taxpayers.It’s a slightly tricky position, as Angus Taylor argues that Labor is “betraying” itself because the high figure is actually how…