Tax Brackets 2024/25 Australia. The 2025 financial year starts on 1 july 2024 and ends on 30 june 2025. The 1st of july 2024 marks the commencement of the stage 3 tax cuts.
To learn more about the nature of the tax cuts and the preceding history go here. That means your income is taxed in brackets and not at the marginal tax rate.