Keith Pitt (Hinkler, National Party) Share this | Hansard source

It's up between 50 and 70 per cent. The humble loaf of bread is the basis of what many Australians feed their kids with. The price has gone up because inflation is out of control, and this government is adding fuel to the fire.

What we want to see is simpler and fairer taxes, not higher ones. We want to see the government control their expenditure, and we want to see that monetary and fiscal policy actually lines up. But what have we seen? We see two new board members for the RBA, and what's their background? ACTU. I'm not sure what that adds in terms of monetary policy, but I don't know that it's all that strong. We will continue to see these types of changes from this government because they simply cannot help themselves. They are not interested in what those hardworking taxpayers are doing out there. They are the ones that are getting it in the neck. I don't care whether you call them middle Australia or anyone else; it is every individual that is out there working hard, paying taxes that has to pay for the largesse of this federal government. In my electorate alone the loss of the low-income tax offset has impacted 51,000 people. That is an enormous number of individuals.

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