Senate debates

Monday, 9 September 2019

Questions without Notice

Economy

2:55 pm

Photo of Marise PayneMarise Payne (NSW, Liberal Party, Minister for Foreign Affairs) Share this | Hansard source

Thank you very much, Mr President. As I was about to say, it is also important to understand, when we're talking about wages, that we're also talking about putting more money in workers' pockets, and, under the government's plans for lower taxes, workers will keep more of what they earn. In fact, they've already received some, leading to more choices and more opportunities. We've seen millions of taxpayers benefit from the $14 billion that's already flowed back into their pockets thanks to our tax cuts. When that full plan is rolled out—and we saw those opposite fighting tooth and nail against more money in workers' pockets—94 per cent of Australians will pay a marginal tax rate of no more than 30c in the dollar. Wage growth is ahead of inflation, and they refuse to acknowledge that. (Time expired)

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