Anne Stanley (Werriwa, Australian Labor Party) Share this | Hansard source

Today, workers in Werriwa woke up to the great news that the Albanese Labor government's cost-of-living tax cuts past the Senate last night. It means that around 71,000 or 89 per cent of taxpayers in Werriwa will be better off from 1 July. That's much better off than they would have been if the Treasurer and the Prime Minister had not acted on cost-of-living relief. There are 13.6 million Australian taxpayers who will receive a tax cut, almost three million more than the previous government's plan. These tax cuts, coupled with the changes to the Medicare levy, will ensure more Australians are helped and will ease the cost-of-living pressures. The supermarket inquiry by the ACCC will further assist and ensure that Australian farmers and shoppers are looked after. The Albanese government's priority is to address inflation and costs of living. We're delivering $23 billion in targeted cost-of-living relief. The RBA agrees that this is what will improve Australia's economy. We've already made medicines cheaper, improved bulk-billing when you see a GP, provided more support for the costs of child care, increased rent assistance and provided further assistance in all parts of the economy, not to mention that wages are rising after the stagnation of the last decade. The Albanese government is ensuring that Australians earn more and keep more of what they earn.

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