House debates

Wednesday, 14 February 2024

Statements by Members

Taxation

1:46 pm

Photo of Matt BurnellMatt Burnell (Spence, Australian Labor Party) | Hansard source

This week, with every late night in the House we get one day closer to passing the Albanese Labor government's tax cuts—one day closer to Australians waking up to a tax plan that will see them keep more of what they earn. And, for the vast majority of Australians, they will wake up to a bigger, better, fairer tax cut than what those opposite felt they deserved. Deep down, this is probably still the case with those opposite.

These are tax cuts that mean, according to Australia Institute modelling, in my electorate of Spence each taxpayer is roughly $486 better off under our plan—the highest of all electorates in Australia. I make no apologies for giving our tax plan my full-throated support at every chance I can get. Those opposite shouldn't be one bit surprised that my electorate of Spence loves Labor's tax plans. I know those opposite love it too, because they have already announced that they are going to be voting for it. Low- and middle-income Australians are hoping the Liberal and National parties don't give in to their intrusive thoughts as this place gets closer to the finish line on this debate. We know what they really believe deep down, and that belief certainly was never directed toward low- and middle-income Australians, who are doing it tough and just want to keep more of what they earn. With wage growth at 15-year highs, they're earning more and keeping it too.

In closing, happy birthday to my beautiful niece, Sophia, for her sixth birthday today.

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