Katy Gallagher (ACT, Australian Labor Party, Shadow Minister for Finance) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Cormann. The government wants to spend $95 billion over the medium term to give tax cuts in 2024, five years away. The Grattan Institute states that in order to get the spending levels required to fund the tax cuts:

Real spending growth would need to average around 1.3 per cent per annum over the decade—or 1.8 per cent if the economy performs as strongly as Treasury projects. Either way, this is substantially lower than any previous government has achieved.

Minister, what spending will the government cut in order to fund its tax cuts?