House debates

Wednesday, 15 May 2024

Statements by Members

Budget

1:50 pm

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

Last night Labor delivered its third budget. This budget is one that truly delivers for Australian families and sets a vision for our nation's future. We all know that families are doing it tough, and that is why we have been working hard to support them. This is why we are providing a $300 power bill rebate for every single household. That means, if you live in Tooradin, Pearcedale, Warneet, Blind Bight, Clyde, Cranbourne, Narre Warren South, Lynbrook, Lyndhurst or Hampton Park, you will get $300 off your power bill. One million small businesses across our nation will also be eligible for a $325 power rebate. This builds on the $1.5 billion of energy relief announced last year by the Albanese Labor government. The best part: this is non-inflationary. Electricity prices would have risen 15 per cent in the last year if not for our efforts. Instead, they only rose two per cent. When families are doing it tough, Labor will always support them.