House debates

Tuesday, 26 November 2019

Questions without Notice

Economy

2:03 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

lower taxes that we have already legislated, opposed tooth and nail by the Labor Party at the last election—dragged kicking and screaming—and those tax reductions legislated for the future. So Australians know that the better they do in the years ahead, the better they invest, the more chances they take and the more they put themselves out there. They know they're being backed by a government which enables them to keep more of what they earn so they can plan to earn more. They're backed by a tax system under this government which means they can keep more of what they earn.

By building the infrastructure that our economy needs to grow, by ensuring that we have stable and certain financial management which keeps expenditure under control, which keeps taxes down, which ensures that we can pay down debt and we don't increase taxes and increase the burden on Australians, they can plan confidently for their future. We can guarantee the essentials that Australians rely on at the same time as managing our budget. That means $6 billion extra this year and next financial year for health and education, $2 billion extra and more for aged care, and a staggering $9 billion more this year and next year to support the National Disability Insurance Scheme, which will see another 170,000 people come into that scheme over this year and next year, and with a budget to support it. We are taking action now on climate change—without taking people's jobs with the reckless targets that those opposite would prescribe and without putting upward pressure on power prices—and ensuring that we keep Australians safe. That's the agenda which means Australians can plan for their future with confidence. The chaos panic merchants of the other side would blow it all away.

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