House debates

Monday, 1 July 2024

4:13 pm

Photo of Zaneta MascarenhasZaneta Mascarenhas (Swan, Australian Labor Party) | | Hansard source

I'm feeling pretty optimistic today. We have a new parliament, we have a new financial year and, from today, we have new tax cuts. I know that many Australians are under pressure right now, and that's why Labor is helping all Australians with the cost of living. That's why 1 July indeed is a good day. From today, there will be a tax cut for every Australian taxpayer. In my electorate of Swan, that means a tax cut for 94,000 people. Seventy-seven thousand of them will receive a bigger tax cut because of Labor. In WA we will be getting $700 of energy bill relief for every household in WA thanks to the Albanese and Cook Labor governments. We're also freezing the cost of PBC medicines for every Australian. We are seeing a pay rise for 2.6 million workers. That's the third under Labor. We've got more funding to build more homes—an additional $105 million for WA. And that's not all. Federal Labor has already delivered cheaper child care, fee-free TAFE and the biggest investment in expanding bulk-billing ever. All of this is part of: a long-term economic plan; a plan to help Australians right now; a plan to bring down inflation; and a plan for a future made in Australia.