Luke Howarth (Petrie, Liberal Party, Shadow Minister for Defence Industry) | Hansard source

I want to talk about the integrity of the Labor Party and broken promises. In May this year, it will be two years since the election when the Albanese government came to power. At the time, Prime Minister Albanese looked people in the eye and knowingly and repeatedly didn't tell them the truth. He gave them false information, because he promised Australians that they could trust him to keep his promise. 'My word is my bond,' is what he said. The Albanese government have promised more than a hundred times since the election that they would deliver issues like the stage 3 income tax cuts cost-of-living relief to families in full—not changed, in full. It's a pattern from Prime Minister Albanese. Stage 3 income tax cuts, electricity prices lowered by $275, no changes to super, lower mortgages, and the front page of the paper on election day—in Queensland, at least—said, 'Life would be easier under me.'

Life isn't easier under this Prime Minister and this government. Mortgages are not lower. They've actually increased 12 times. Electricity bills were not lowered by $275; they have also increased significantly. Superannuation has been changed, and stage 3 tax cuts are clearly being revised. The explanatory memorandum of the Treasury laws amendment bill that I spoke on this week says 'current law' and 'new law'. Current law: $45,000 to $200,000, 30 per cent tax; new law: $135,000 to $190,000, 37 per cent. That's a seven per cent increase. And incomes of $190, 000 are now taxed at 45 per cent. One of my constituents is about to cop a 15 per cent increase in bracket creep because of the Albanese Labor government breaking their election commitment.

It's not just me saying this. I'm getting emails from constituents. This is from Glenn Cullen in my electorate. This is what he said—

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