Senate debates

Wednesday, 26 June 2024

Questions without Notice

Budget

2:31 pm

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

I thank Senator Bilyk for the question. We are seeing inflation moderate and, in the monthly data, we do see some movement around, but we are seeing in the quarterly data and certainly from its peak in the December data at 8.4 per cent good progress on inflation moderation. But we want to see more, and that's why we have been focused on making sure that we've got that cost-of-living relief, that we are seeing job creation even in these difficult times, that we've got wage increases happening and that we're putting downward pressure on inflation by delivering two budget surpluses. That hasn't been done for a while, has it? And I note has been welcome.

This stands in contrast of the risky offering of those opposite, which is to tear up all the work that we've been doing and put in place a risky, uncosted plan that's going to drive up energy costs across the country. (Time expired)

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