James McGrath (Queensland, Liberal National Party, Shadow Assistant Minister to the Leader of the Opposition) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Wong. The recent COSBOA Small business perspectives report, released last month, shows the biggest pressures for small and medium enterprises are rising energy costs, the increased cost of doing business, the increased cost of goods due to inflation, and impact of rates rises on mortgage costs and rents. Minister, the Albanese Labor government promised to fix most of these concerns prior to the last election. You promised to reduce energy bills by $275 and deliver cheaper mortgages and claimed Australians would notice what a change of government would feel like in their wallet. Instead, interest rates remain at record highs, despite cuts in most comparable global economies. Inflation remains sticky. Energy bills continue to skyrocket. As a result, business insolvencies are now at record highs. Minister, will your government take responsibility for any of these broken promises?