Senate debates

Monday, 25 March 2024

Questions without Notice

Cost of Living

2:14 pm

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

I don't accept that question at all. It won't be any surprise, I think, to those opposite. We have been doing what we can, where we have areas of responsibility, to work alongside the bank as they've been undertaking their tightening policy, while we have been making sure we're not adding to the work that they need to do.

I note that those opposite like to talk about this calculator they've done of spending. What they don't tell you is that the vast majority of that, a large part of that, is actually parameter variations for pensions, for JobSeeker and for other investments like that—estimates variations that I can only presume that you opposite do not support. So you don't support indexing the age pension, clearly. You don't support indexing JobSeeker. You don't support all of those areas which automatically happen to ensure that, when inflation is high, we are supporting people. (Time expired)

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