Senate debates
Monday, 1 July 2024
Questions without Notice
Cost of Living
2:07 pm
Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source
Thank you, Senator Smith. At least there are some senators in this place who care about the cost of living. What does it say about the opposition that, on the first day of all of these tax cuts and this cost-of-living relief, what they want to focus on is an international issue that they want to make domestic politics over? Over here, we understand the No. 1 issue facing Australians is cost of living. We on this side understand that. That is why, from today, 13.6 million Australians will see more money going into their bank accounts as a tax cut to every Australian taxpayer is delivered—not just some Australians, as the Liberals and Nationals would have liked. Three million people earning less than $45,000 a year will get a tax cut. You didn't want that. Under you, they wouldn't have got a cent. A person earning $40,000 will get a tax cut of $654, compared to zero under you. The average family will save more than $3,200. And nine out of ten women taxpayers, 5.8 million women—
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