Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

What we do know is that, as is projected, $158 billion—money that people will no longer have to hand over to the government—will be spent in the economy by working families around Australia. That will, obviously, because of the way the package is designed, provide much needed cost-of-living pressure relief to low- and middle-income earners in the first instance. It will also ensure that all working Australians continue to have the right incentive and reward for effort, which will help us ensure that the economy remains strong and grows stronger into the future.