Senate debates
Wednesday, 5 February 2025
Questions without Notice
Cost of Living
2:02 pm
James McGrath (Queensland, Liberal National Party, Shadow Assistant Minister to the Leader of the Opposition) Share this | Hansard source
Australians' living standards—that is, real disposable incomes—have collapsed by 8.7 per cent since May 2022. This is the biggest collapse on record and worse than in any other OECD economy. Why are Australians, despite all the rhetoric, paying the price for Labor's economic incompetence?
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