House debates

Wednesday, 15 May 2024

Statements by Members

Budget

1:40 pm

Photo of Tracey RobertsTracey Roberts (Pearce, Australian Labor Party) Share this | | Hansard source

I rise to speak on the carefully considered, effective budget that was delivered by the Treasurer last night. This budget is designed to help people under pressure, while supporting Australians for the future. This budget speaks volumes about the dedication and collaboration of everyone involved in the process. It prioritises the needs of a diverse population and sets a strong foundation for both progress and fiscal responsibility. Our government's No. 1 priority is easing cost-of-living pressure.

I am pleased to highlight that, amongst the many benefits of the new budget, 86,000 Pearce residents will benefit from the revised tax cuts; just under 18,000 Pearce residents will benefit from HECS assistance; every Pearce household will receive $300 towards energy bill relief; 5,230 families in Pearce will receive assistance with rent; and residents in Pearce have already saved nearly $2 million on cheaper medicines.

The budget announced last night reflects innovation, resilience and equitable opportunity and lays the groundwork for a brighter future for us all, investing in a future made in Australia. I am proud to be a member of the Albanese Labor government. We know there is more to do, and we'll be working very hard every day to deliver for all Australians.