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

I thank Senator Grogan for the question. Yes, I am very pleased to confirm to the Senate that the Albanese Labor government is delivering a tax cut for every Australian taxpayer, commencing on 1 July. Labor's new tax cuts will make a real difference to 13.6 million Australians. Our tax cuts have been deliberately and carefully designed to provide bigger tax cuts for middle Australia, to help with those cost-of-living pressures while at the same time making the tax system fairer. We know that many Australians are under pressure right now and deserve a tax cut, including those living in Senator Grogan's home state of South Australia, where 89 per cent of South Australian taxpayers will get a bigger tax cut.

We've found a more responsible way to ensure more people get a bigger tax cut to help ease the pressure they're under. Under our plan, working Australians will keep more of the wages they earn, and we are proud to be delivering this significant economic reform which helps to increase labour supply in crucial industries, such as the care economy, which will need more workers in the future, with female labour supply expected to increase by around 0.4 per cent. Our tax cuts deliver a bigger benefit to more than 90 per cent of taxpayers in in-demand occupations such as teachers, nurses, aged-care and disability carers, and childcare workers. Importantly, building on the first budget surplus delivered in 15 years, our tax plan delivers more relief to more people in a way that is fiscally responsible and doesn't add to inflationary pressures. Treasury's advice makes it clear that our tax changes will not add to inflation pressures because they are broadly revenue neutral, and our changes also mean that every Australian taxpayer will receive a tax cut this year.