House debates
Wednesday, 26 March 2025
Statements by Members
Budget
1:35 pm
Cassandra Fernando (Holt, Australian Labor Party) Share this | Link to this | Hansard source
Inflation is down, incomes are rising, unemployment is low, and interest rates are easing. On every front, the Australian economy is in better shape than it was three years ago, but we know there's more to do. That's why, under Labor, Australians will pay less tax than under the coalition. Labor has delivered tax cuts of $1,320 a year, with an extra $536 on the way. We're making the largest ever investment in Medicare so more Australians can see a GP for free. Labor will deliver another $150 in energy bill relief for families and make cheaper medicines even cheaper by cutting the cost of a PBS script to $25. We are wiping 20 per cent off student debt because gaining skills shouldn't mean a lifetime of debt. Labor's budget is about cost-of-living relief for families and building an Australia that we can all be proud of. The choice couldn't be clearer. Labor is investing in our country's future, while the Liberals are only offering higher tax cuts and cuts to our public service.