House debates

Tuesday, 2 July 2024

Statements by Members

Economy

1:50 pm

Photo of Cassandra FernandoCassandra Fernando (Holt, Australian Labor Party) Share this | Hansard source

Last weekend, I was excited to welcome the Prime Minister, Anthony Albanese, to Pearcedale in my electorate of Holt. On this visit, I showed Prime Minister Albanese around a small business, JD Propagation, with owners, Jen and Dan.

Small businesses like JD Propagation, which employs 55 staff locally in Pearcedale, are the backbone of our economy and are vital for job creation. Coincidentally, as the PM pointed out, JD Propagation grows nearly 14 million plants a year, and yesterday nearly 14 million Australians received a tax cut! This tax relief will help working people, will help families and will help business owners just like Jen and Dan. These tax cuts are just one of the many ways the Albanese Labor government is helping Australians with the cost-of-living pressures.

Over the coming year, 90 per cent of taxpayers in my electorate will receive a tax cut, with the average person saving $1,320. This means that 90 per cent of my community will be able to keep more of what they earn, thanks to the Labor government.

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