House debates

Tuesday, 14 May 2024

Questions without Notice

Budget

2:36 pm

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

and that's in spite of them holding up measures, including the Help to Buy scheme that remains in the Senate. It will deliver a better deal for every working parent and more help for households doing it tough.

What we are seeing—unlike those opposite, who had wage reductions in real terms as a key feature of their economic architecture—are real wage increases in this country. We have seen productivity increase for three quarters in a row. We are seeing more jobs created under this government than any new government in Australia's history. We are seeing the gender pay gap at record lows. We are seeing a government that is moderating inflation, bringing it down to a lower figure than what was predicted in MYEFO just in December last year—half of what we inherited from those opposite.

At the same time as we're dealing with those immediate pressures, we are shaping the future, creating new secure, well-paid jobs by working to facilitate private sector investment in the future economy. Those opposite denied the future and thought they could just occupy the space. We are shaping the future in order to make sure that we create jobs and look after prosperity.

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