Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

Having said that, I don't want to dismiss or trivialise the issue of costs of living for everybody at the moment, including young people. Particularly for those lower income households, there's no doubt that higher inflation and higher than expected inflation—significantly higher than what was in the PEFO update before the election—is putting enormous pressure on households, as are the rising interest rates, which are increasing because of this inflationary environment we're in. So government does need to focus on this. We are focusing on it. That's why the policies we took to the election are even more important to implement now.