Senate debates

Thursday, 9 February 2023

Questions without Notice

Income Tax

2:19 pm

Photo of Nick McKimNick McKim (Tasmania, Australian Greens) Share this | Hansard source

Minister, you mentioned inflation in your answer. The Treasurer said this week, 'Labor has a plan for inflation.' The RBA is forecasting that inflation will be above their target band when the stage 3 tax cuts come into effect next year. Isn't it the case that the stage 3 tax cuts are grossly inflationary? Is putting another $9,000 a year into the pockets of billionaires part of your government's plan to address inflation?

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