House debates Questions without Notice

Economy

Tuesday, 8 August 2023 House of Representatives

Jim Chalmers

Jim Chalmers Rankin, Australian Labor Party, Treasurer

2:21 pm

In fact, it's our responsible budget management which underpins the cost-of-living relief that we've been able to provide, whether it's the help with Commonwealth grant assistance, bulk-billing or cheaper medicines or taking some of the edge off electricity bills.

This type of responsible economic management would be completely and utterly unrecognisable to the member for Hume and his colleagues over there. We wouldn't be within cooee of a surplus if we had continued down their path. We're returning 87 per cent of revenue upgrades, across our two budgets, compared to 40 per cent under them. We found $40 billion in savings in two budgets—

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