Senate debates

Wednesday, 26 June 2024

Questions without Notice

Budget

2:12 pm

Photo of Linda ReynoldsLinda Reynolds (WA, Liberal Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. Minister, last month you stated that the targeted cost-of-living measures announced in the budget are expected to reduce inflation, with energy bill relief expected to directly reduce inflation by half a percentage point in 2024. However, today's monthly inflation figures reveal that electricity prices rose by 6.5 per cent in the 12 months to May and that now, after two years of Labor, Australians are paying 21.1 per cent more for their energy bills. Will you now admit you were wrong?

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