Senate debates

Wednesday, 26 June 2024

Questions without Notice

Budget

2:15 pm

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

Well, the bank will make decisions about the setting of the cash rate, and I don't comment on that. In relation to the figure that you've just used for the impact on 1 July, am I to believe now that the opposition does not support the tax cuts? I think the figure was being used as though, if tax cuts come in on 1 July, what you were arguing was that then interest rates will go up because of the tax cuts, and that led me to believe that you now don't support the tax cuts. Is that right? You can't criticise it and still support it—or you don't support it now? Well, I think people will be very interested in that.

The measures that we are putting in place that come into effect on 1 July, including the energy bill rebates, will come in over the 12 months of the financial year. They are going to be delivered in a way that makes sure that people are getting that relief, but it's not coming in one hit at one time. (Time expired)

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