Senate debates

Monday, 24 June 2024

Questions without Notice

Cost of Living

2:07 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

I thank Senator Marielle Smith from my home state of South Australia for that great question. The senator is right; the Albanese Labor government is delivering for every Australian because we are a government for all Australians. On 1 July, in just seven days, every Australian taxpayer gets a tax cut. All 13.6 million Australian taxpayers get a tax cut in seven days. The average tax cut is nearly $1,900 year—36 bucks extra per week in your pocket. Unlike those opposite, we want Australians to earn more and keep more of what they earn.

What we know is Peter Dutton and the Liberals and the Nationals want you to work longer for less. We hear a lot about aspiration from the other side, but we understand aspiration doesn't just start at the top tax bracket. That's why our tax cuts travel all the way up the income scale. We on this side are also backing wage rises for low-paid workers. Nearly 2.6 million workers get their third consecutive pay rise backed by the Albanese Labor government. From next Monday we are also supporting every household with $300 in energy relief—another policy from Albanese Labor government. Around one million small businesses will receive $325 off their bills—another cost-of-living policy from the Albanese Labor government. What have we got from those opposite? Those opposite want to serve up the most expensive form of energy there is in two decades' time. That's their answer to how to deal with the cost of living and energy supply—to go for the most expensive form of energy. It won't deliver for two decades, and do you know what? Mr Dutton won't tell Australians how much his nuclear reactors are going to cost. (Time expired)

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