Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

as part of our very clear plan. Every measure was opposed by those opposite. There's something else we've done to take pressure off inflation, and that is to turn around the $78 billion deficit that those opposite left and turn that into a $22 billion surplus. That's a $100 billion turnaround, which is the biggest nominal improvement in Australian history. This is what S&P Global had to say:

The improvement in fiscal outcomes is a key factor in our AAA ratings because it will reduce the Government's annual borrowing needs and provide a buffer to absorb future economic shocks.

Those opposite apparently think that inflation has nothing to do with cost of living. That's what the interjections are saying. (Time expired)

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