Peter Khalil (Wills, Australian Labor Party) | Hansard source

Labor's tax cuts begin today. No matter who you are or where you work, under Labor you'll pay less tax from today. We know how hard it is for Australians to pay for essentials: rent, mortgages, food and bills. We know some people are having to choose between paying their rent and seeing their GP or paying for essential medicines. That's why the Albanese Labor government is ensuring that working- and middle-class Australians don't miss out on tax benefits. There will be a tax cut for every taxpayer.

In my electorate of Wills, 78,000 people will receive a tax cut, and 85 per cent will receive a bigger tax cut under Labor's tax cuts. Every working Australian will pay less tax on the first $45,000 they earn. That means that part-time workers earning $40,000, such as waiters and waitresses, retail workers and cashiers in grocery stores, will get a tax cut of $654. Under the Morrison coalition plan, these people would have received absolutely nothing.

We're also providing Australians with a $300 energy bill rebate and cheaper medicines, increasing the number of bulk-billed appointments, wiping around $3 billion in student debt, ensuring more fee-free TAFE, providing higher income support payments, providing a better deal for parents by paying super on paid parental leave and delivering the largest increase to rent assistance in 30 years. Tackling the cost of living is my No.1 priority, and it's this government's No. 1 priority.

See this speech in context