House debates

Tuesday, 10 November 2015

Matters of Public Importance

Household Budget

4:11 pm

Photo of Tony PasinTony Pasin (Barker, Liberal Party) Share this | Hansard source

Another day, another MPI, another scare campaign. Specifically, I rise to refute today's not-especially-scary scare campaign that this government has attacked the household budgets of Australians. It seems to me that the theme of the week is the not-especially-scary scare campaign.

The truth is that this so-called attack on the household budgets of Australians could not be further from the truth. This government has taken every opportunity to alleviate the suffocating tax burden imposed on family budgets by those opposite when they were in government. Not only did we repeal the carbon tax, which left family budgets some $550 better off; we have also consistently lessened the tax burden on families and provided them with more opportunity through a range of significant measures.

The coalition government delivered the Jobs for Families childcare package, giving greater choice to some 1.2 million families through more affordable access to child care. Because of the actions this government has taken to reduce unnecessary spending, we have been able to provide $40 billion—$40 thousand million—over the next four years to help the budgets of Australian households with the costs of child care and early learning. Contrary to the misleading suggestions of those opposite that this government is attacking the household budgets, we are in fact bolstering them. The coalition remains committed to supporting families.

Whilst those opposite were in government, they wrote out blank cheques and spent our hard-won financial stockpiles. It was irresponsible then and, obviously, we are paying for it now, yet even in the face of such fiscal recklessness this government remains committed to helping the household budget. Our childcare package will deliver hardworking Australian men and women the opportunity to re-enter the workforce. This government is unlocking the potential of each and every Australian family and doing so through supporting their budget, not attacking it. We know that, through delivering lower, simpler and fairer taxes, the Australian family budgets will continue to go from strength to strength. The coalition has reformed and restructured the family tax benefit to give families more money each fortnight. Whilst those opposite continue to spray misinformation and empty rhetoric about government's supposed assault on the family budget, here is the reality: 1.2 million families, or a whopping 2.2 million children, will benefit from an increase in their FTB fortnightly rates.

Those opposite are trying to whip up fear in the community. This government is in the business of addressing fears, not exploiting them. Shame on those opposite for such base political tactics. Let's get this absolutely straight. This government has decreased the tax burden on the family budget, increased support to young families through an increase in childcare assistance and delivered reforms to the family tax benefits to deliver more money to families. If those opposite think this constitutes and attack on the family budget, I would hate to see what their idea of support is. Unlike those opposite, this government acknowledge that there is not an infinite stockpile of cash. We understand there is a limit on the nation's credit card—a reality, as I said, that those opposite have difficulty grasping. There is some irony in this MPI because the member for Jagajaga, who brought it into the House, did not seem to bat an eye whilst those opposite raided the national coffers on their spending spree while they stumbled their way through government. Those opposite stole from the family budgets of our children and our grandchildren.

The coalition understands that our social compact is not only to those alive today but also to those who are yet to come. The actions we take today will echo into the lives of our children and that is why this government is maintaining its resolve to act prudently and responsibly when it comes to the fiscal management of our nation's finances. This government is supporting our families and their budgets. We are securing opportunities today through opening markets and securing free-trade agreements. This government is ensuring the prosperity of our nation is assured well into the 21st century and we acknowledge that a strong family is part of that equation. We have taken measures to strengthen our families and their budgets and it is a record that I am proud of. It is a record that has seen the creation of some 300,000 jobs since we came to government—a rate of job creation three times that of those opposite the last time they were on this side of the House. The strongest way we can support families is to ensure that there are strong, secure sustainable jobs for people to take up in the community.

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