Question Time AU

Matter of Public Importance

Cost of Living

House of Representatives · Tuesday 11 February 2025

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The debate centred on the government's management of the cost of living crisis, with the opposition arguing that high inflation, rising mortgage costs, and excessive spending have eroded living standards. Government members countered that their policies, including tax cuts, energy rebates, and healthcare investments, have reduced inflation and created jobs, while accusing the opposition of opposing these measures and planning significant budget cuts. The opposition highlighted concerns over superannuation tax changes and the lack of detail regarding proposed cuts, whereas the government emphasised recent announcements on women's health and crime prevention infrastructure.

Outcome

The matter of public importance was debated without a vote.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Taylor argued that living standards have fallen significantly since the government took office, citing increased mortgage costs, energy prices, and inflation. Taylor claimed that record government spending of over $350 billion has crowded out the private sector and led to higher taxes, including changes to franking credits and superannuation. Taylor criticised the proposed superannuation tax on unrealised capital gains, arguing it would force small business owners and farmers to sell assets to pay the tax. Taylor asserted that the opposition's plan to reduce inflation and boost growth through cheaper energy and housing supply offers a better alternative.

Government response

Elliot stated that the government has successfully reduced inflation and increased real wages, achieving the lowest unemployment rate in 50 years. Elliot highlighted specific cost-of-living measures, including tax cuts, energy bill relief, cheaper childcare, and fee-free TAFE, noting that these were opposed by the opposition. Elliot warned that the opposition's plan involves $350 billion in cuts and $600 billion in nuclear power spending, which she argued would increase power prices and harm household budgets. Elliot also announced a $3 million commitment for crime prevention infrastructure in her electorate and detailed new investments in women's health, including PBS listings for contraceptives and menopausal treatments.