House debates

Tuesday, 11 February 2025

Questions without Notice

Cost of Living

3:05 pm

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

I thank the member for her question both in her capacity as the member of Fowler and as the deputy mayor of the council that she refers to in Fairfield. I also thank the member for the very terrific event that she and I were at, along with the member for McMahon; the member for Werriwa, the Labor candidate for Fowler, Tu Le; and others, where we celebrated 50 years since Vietnamese refugees migrated to Australia. These refugees were welcomed to Australia, and the Vietnamese community have made an extraordinary effort and contribution to our nation.

When it comes to the cost of living, of course, the most important thing that we can do is to get inflation down. What we have done is deliver inflation down to 2.4 per cent. When we inherited it, at time of the election of the member for Fowler, she would recall inflation had a six in front of it and was rising. It's now got a two in front of it and it's falling. One of the things that I talked about with people in Fairfield on Saturday evening was the fact that real wages are increasing. In addition to that, the member for Fowler's electorate has particularly benefited from the fact that every single one of her constituents who's a worker, working hard for their family, got a tax cut as a result of the changes that we put in place because we want people to earn more and to keep more of what they earn.

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