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

I appreciate the supplementary question. The budget sees the continuation of Labor's commitment to responsible economic management. Inflation and interest rates are coming down, incomes are strengthening and unemployment is low. We have demonstrated that you can fight inflation and keep people in work, keep people in jobs, and everyone in this chamber should appreciate that.

This doesn't just happen by chance. It's the result of the hard work of Australians and careful decision-making by the Albanese Labor government. We've delivered two surpluses—something the previous government was never able to achieve, despite having the mugs printed. We have reduced Liberal debt—a trillion dollars in Liberal debt that we inherited, $177 billion lower—avoiding $60 billion in interest costs. We've delivered savings and we've delivered an improved budget bottom line across the forward estimates. (Time expired)