Pat Conaghan (Cowper, National Party, Shadow Assistant Treasurer) Share this | Link to this | Hansard source

Why is it that everyday Australians are expected to pay for this government's policy backflips and failures? After realising that you can't tax imaginary money in unrealised capital gains, the Treasurer's 'new and improved' super tax 2.0 is reportedly going to be even more complicated and will add costs onto super funds that will be passed on to every single member, not just those with large balances—well, for those who still have balances, anyway, unlike the 12,000 Aussies who lost their life savings after this government ignored ASIC warnings.

Then there's the failed $9 trillion net zero policy, driving up the price of not just your monthly energy bills but every single product on our supermarket shelves. Australians deserve a cheaper, better, fairer energy policy, but instead our homegrown industries are being driven offshore and inflation rates are being pushed above the threshold that would finally trigger some relief for mortgage holders.

Speaking of mortgage holders, how's your five per cent deposit scheme working out? Rather than going full throttle on the real issue of housing supply, Labor has introduced a bandaid inflationary policy that, within its first month, has added $10,000 to the national house price. As the saying goes, you always pay more under Labor.