Cassandra Fernando (Holt, Australian Labor Party) Share this | Hansard source

At a time when household budgets are stretched and families are feeling the pressure, this Labor budget is focused on what matters the most: easing cost-of-living pressures now while building a fairer future for the next generation. For the people of Holt, that matters. This budget delivers more tax relief for workers, including a new $1,000 instant tax deduction and a $250 working Australians tax offset, helping people keep more of what they earn. It delivers $2.9 billion in immediate petrol price relief, while also strengthening Australia's fuel security and supply chains. It supports housing reform by levelling the playing field and giving first home buyers a fairer chance at achieving the great Australian dream of homeownership. It backs small businesses with permanent tax relief, including the $20,000 instant asset write-off and a permanent two-year-loss carry back. And it strengthens Medicare, making urgent care clinics permanent, making medicines cheaper and delivering record investment in public hospitals. This is the budget that understands the pressure people are under. It backs workers and small businesses. It supports families. It strengthens Medicare. It helps first home buyers, and, most importantly, it delivers practical— (Time expired)

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