AUSFA-0004 · gpt-5.4-mini (high)
**2025–26 resident individual top marginal rate threshold:** **$190,000** taxable income  
- The **45%** marginal rate applies to taxable income **above $190,000** (i.e. from **$190,001**).

**Controlling authority:** **the Commonwealth Parliament of Australia** (via federal tax legislation, including the *Income Tax Rates Act 1986*).