Senate debates
Tuesday, 20 August 2024
Questions without Notice
Economy
2:11 pm
Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source
I thank Senator Pratt for the question. As members and senators would know, we have been focusing on making sure we're getting the budget in better shape. At the same time we've halved inflation and delivered tax cuts. We've got record jobs growth with over 930,000 new jobs created since this government was elected—record levels of jobs growth and more than any other government in history. We've got lower gross debt: 9.7 per cent lower. We're paying $80 billion less in interest costs on that Liberal debt, We've turned that Liberal debt into Labor surpluses, and we've done it at the same time—
That's right, Senator Polley: two Labor surpluses. We've done it whilst also providing important cost-of-living relief that those opposite have argued against in this chamber—real policies that make a difference to the lives of Australian people.
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