House debates

Tuesday, 6 February 2018

Matters of Public Importance

Cost of Living

3:40 pm

Photo of David GillespieDavid Gillespie (Lyne, National Party, Assistant Minister for Children and Families) Share this | Hansard source

But they had no black start capability. The National Energy Guarantee will bring more gas into the market and will guarantee that the retailers and the generators get the electricity where it's needed. In South Australia they closed Playford B Power Station and Northern Power Station. Victoria closed Hazelwood, and what did we have in TheHerald Sun the other day? AGL are putting their prices up in Victoria by 15 per cent.

We've given tax cuts to the average worker. We've addressed bracket creep. The Treasurer already announced over a year ago that tax brackets will be lifted about $7,000 to address that very thing for people in the second-lowest tax bracket. We have done many things to make housing more affordable. We've got a register of Commonwealth land that's available. We're making the grants to the states to improve housing affordability and reach KPIs. They don't just get the money: they have to deliver on housing supply targets. We've got a new Housing Finance and Investment Corp to give cheaper interest rates to low-cost housing providers. It goes on. We have made it easier for first home buyers with the Super Saver initiative. That means you can put up to $30,000 into your super account at a preferential rate to develop your first home deposit. We're letting downsizers, at the other end, make non-contributory $300,000 contributions if they downsize from their family home. So we're helping both ends of the spectrum, but the best thing we can do to make costs of living affordable is to keep people in a job, get more people in a job and make the economy stronger, and we're delivering in spades. (Time expired)

Comments

No comments