House debates

Thursday, 8 February 2024

Statements by Members

Taxation

1:50 pm

Photo of Sam RaeSam Rae (Hawke, Australian Labor Party) Share this | | Hansard source

We know that Australians are doing it tough with the cost of living. While inflation is moderating, household budgets are still under pressure. That's why this week the Albanese Labor government introduced Labor's tax cuts to the parliament. From 1 July this year every single Australian taxpayer will receive a tax cut. It's about putting more money back in pockets and supporting the people who need it most. Thanks to Labor's tax cuts, the average taxpayer in Hawke will receive a tax cut of $1,428 each. While every taxpayer will receive a tax cut, 89 per cent of taxpayers in Hawk will be better off than under Scott Morrison's old plan.

A police officer in Bacchus Marsh on 110 grand will get a tax cut of $2,429—that's $804 more than under Morrison's plan. A teacher in Melton on $75,000 will get a tax cut of $1,554—again, that's $804 more than under Morrison's plan. A household in Sunbury with a truckie on 80 grand and a part-time nurse on 50 grand will get a total household tax cut of $2,608—over $1,600 more than under Scott Morrison's old plan. The Deputy Leader of the Liberal Party was very quick to jump up and say—

Photo of Sharon ClaydonSharon Claydon (Newcastle, Australian Labor Party) Share this | | Hansard source

The member for Hawke is going to need to use correct titles for members that sit in this House.

Photo of Sam RaeSam Rae (Hawke, Australian Labor Party) Share this | | Hansard source

Acknowledged. The Deputy Leader of the Liberal Party was quick to say, 'We will fight this legislation in the parliament, we don't even know what it'll look like.' They're only interested in playing politics with these tax cuts, not helping people with the cost of living.