Matt Burnell (Spence, Australian Labor Party) | Link to this | Hansard source

Today there are 13.6 million reasons for people across this country to be extra excited. That's right: 13.6 million Australians will be receiving a tax cut. That's 74,000 people in my electorate of Spence, and 67,000 of those will be receiving a bigger tax cut. On top of that, for those on the minimum wage and those on the award, they will receive an increase of 3.75 per cent to their wages. That's 2.6 million workers across this country. That's right: we want people to earn more and keep more of what they earn. On top of that, with our cost-of-living measures that roll out from this week, there will be cheaper medicines and $300 off the cost of your power bill. That's what an Albanese Labor government does. We've listened to the people of Australia and we are delivering policies and cost-of-living relief to take the sting out of your back pocket and make each and every day that little bit easier.

I'm extremely proud to be part of this government on this day. I think it's going to be known as the year of the tax cuts for Australians across this country, and everybody in this chamber should be in here with a big smile on their faces. Clearly, people in my electorate of Spence and around the country are extremely excited. We will continue to get on with it and do the work that needs to be done to take the sting out of the cost-of-living pressures across this country.

Terry Young (Longman, Liberal National Party) | Link to this | Hansard source

In accordance with standing order 43, the time for members' statements has concluded.