House debates

Tuesday, 7 March 2023

Questions without Notice

Cost of Living

3:14 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I thank the member for Monash for his question. I also thank him for his support of our policy on super. I thank him for being genuine about understanding that people in his electorate—as is occurring around the country—are under real pressure. That's why, when you have a trillion dollars of Liberal Party debt, you have to make real decisions about how you manage the economy. That's why we made the decision that we did to lower the concession and not to remove it—just to make it less of a concession for the one half of one per cent who have funds in super above $3 million. That includes the 17 people who have over $100 million and the one person who has around half a billion dollars in their super.

I have respect for the fact that the member for Monash is prepared to acknowledge that governments have to make decisions to make a difference in people's lives. We, on the side of the chamber, will continue to stand up for the most vulnerable. That's why we stood up and established the robodebt royal commission, which is having such devastating evidence before it—

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