Sam Rae (Hawke, Australian Labor Party) Share this | Link to this | Hansard source

The countdown is well and truly on. In just five days, Labor's tax cuts will take effect, delivering some much-needed relief—a big tax cut—to every single Australian taxpayer. From next week, the average household in Hawke with two full-time workers will save $2,856 a year. For the benefit of those opposite, that's 238 bucks a month, 110 bucks a fortnight, or $55 every single week.

Now, it's not just tax cuts that are coming through. You see, the Albanese Labor government wants Australians to earn more and keep more of what they earn. That's why next week we'll see minimum wage earners receive a pay rise of 3.75 per cent. For those on the national minimum wage, that's more than 1,700 bucks a year. In fact, since Labor came to government, minimum wage earners' annual pay has increased by almost 7½ grand.

The Albanese Labor government's economic plan is delivering higher wages, lower taxes and more cost-of-living relief for Australian households doing it tough. While the Liberals just want people to work longer for less, the Albanese Labor government's plan is ensuring that Australians earn more and keep more of what they earn.

Milton Dick (Speaker) Share this | Link to this | Hansard source

Order! In accordance with standing order 43, the time for members' statements has concluded.