House debates

Wednesday, 15 May 2024

Questions without Notice

Budget

2:24 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

Well, first of all, I remind the House again that those opposite called for an election over the changes to the tax cut which provided a tax cut for every taxpayer. Secondly, I haven't been here that long, but I've been here long enough to remember when they used to believe in tax cuts to incentivise business investment. But they seem to have turned their back on that. It is, again, evidence of the shambolic approach they have taken. Thirdly, if they want to talk about battlers, it's a very good day for them to ask that question. I want to tell you why. A couple of hours ago, we got new data on the wage price index, didn't we? We got new data on the wage price index, which showed that real wages in annual terms are growing by half a per cent—

Opposition members interjecting

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