Tim Wilson (Goldstein, Liberal Party, Shadow Treasurer) | Hansard source

Well, it's not even socialism, Leader of the Opposition, though it is that. It actively stokes inflation and makes Australians poorer because it does not attract the investment to grow the economy and to actually enlarge the pie. It turns Australians against each other, feeds social division and eats into young Australians' equity and opportunity and the hope and aspiration that they have for their future.

Not to be outdone, the Albanese government has achieved two in 10 jobs being created by private investment and eight in 10 being created by public direct and indirect expenditure. This is the export of the corrupt Dan Andrews model, brought to Canberra by the Prime Minister, and Australians will become poorer every step of the way because it stokes inflation—it feeds inflation—and that means higher interest rate rises for anyone who is just simply trying to get ahead.

What Australians need now, more than ever, is a sense of hope. Australians, particularly households and small businesses, need to be able to look to the horizon and believe that things can get better. But there will be no good economic news while the Albanese government stays in charge. We need a change of government and, in particular, we need our plan, which has things like the tax-back guarantee to back Australians and make sure that inflation is not the silent tax thief in the night, where the Treasurer can just rely on inflation to slowly increase the revenue that he gets to monopolise and spend. What we need is a government that understands that the strength of this country comes from families, households, communities and small businesses that are strong and confident and that believe in a better future.

See this speech in context