House debates

Wednesday, 26 June 2024

Questions without Notice

Cost of Living

2:15 pm

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

Save him, Mr Speaker. I thank the member for Reid for her question. Taking action on the cost of living is, of course, our No. 1 priority, and a whole lot of these measures come in next Monday, making sure that Australians can earn more and keep more of what they earn, with, importantly, a pay rise for 2.6 million workers on awards. It is not the first pay rise under this government in order to address cost-of-living pressures and not the second; it is the third in just over two years that we've been in office. In addition to that, a tax cut for every single taxpayer will be making sure that Australians can earn more and keep more of what they earn.

We are also, of course, freezing the costs of PBS medicines. And, from 1 July, the $300 assistance for power bills and $325 for small business will kick in, as well as the additional two weeks of government funded paid parental leave. This week, we announced new rules to make sure families are getting better prices at the supermarket. We are making sure that families and farmers get a fair go, something that those opposite never did in a decade.

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