Senate debates

Thursday, 4 September 2025

Questions without Notice

Economy

2:57 pm

Richard Dowling (Tasmania, Australian Labor Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. The Albanese Labor government worked hard over the first term to strengthen the economy, delivering back-to-back surpluses, slashing billions in debt and interest-free payments, and bringing inflation to a four-year low. This has seen the RBA given the room to cut interest rates three times in six months. Mortgage interest costs have fallen collectively by $800 million since the end of last year. With low unemployment and rising wages, the government is supporting Australians to earn more and keep more of what they earn. As we enter our second term, what is the government doing to further strengthen the economy and deliver for the Australian people?

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