Senate debates

Thursday, 19 September 2024

Questions without Notice

Economy

2:03 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Shadow Minister for the Public Service) Share this | Hansard source

ABS data shows that, since the election of the Albanese Labor government, real disposable income in Australia has gone backwards by 8.7 per cent. That's a worse outcome than comparable countries. Given your repeated justification that interest rates peaked later and lower in Australia, why is it that the disposable income of Australian households has been hit harder than in comparable countries?

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