Question Time AU

Matter of Public Importance

Fiscal Policy

House of Representatives · Thursday 28 August 2025

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

At a glance

The debate centred on the government's fiscal management and the outcomes of the recent economic reform roundtable. Opposition members argued that the government was engaging in excessive spending, increasing national debt, and failing to control inflation and energy costs, while calling for the introduction of fiscal rules. Government members defended their record, citing budget surpluses, reduced debt projections, and cost-of-living relief measures such as tax cuts and energy bill assistance. The discussion highlighted contrasting views on productivity, wage growth, and the impact of government intervention on households and businesses.

Outcome

The matter of public importance was debated without a vote being taken.

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

How the debate unfolded

Opened the debate

O'Brien argued that the government had failed to address declining living standards and had instead increased the burden on future generations through high spending and debt. O'Brien criticised the economic reform roundtable as ineffective and claimed the government lacked fiscal discipline, noting that previous administrations had adopted fiscal rules which the current government rejected. O'Brien asserted that rising energy costs and mortgage interest payments were direct consequences of government policy and warned that the Treasurer's spending habits would lead to higher taxes.

Government response

Leigh defended the government's economic record, highlighting two consecutive budget surpluses and a reduction in projected debt compared to coalition forecasts. Leigh argued that the opposition's previous policies, including a nuclear energy plan, would have increased costs and failed to address productivity challenges. Leigh emphasised that the government had implemented measures to lower unemployment, reduce inflation, and support low-paid workers, while framing the roundtable as a constructive step towards improving productivity through inclusion and competition.

Opposition response

Conaghan contended that the government's reliance on public sector jobs and welfare was unsustainable and that private sector businesses were struggling with rising costs. Conaghan cited statistics showing increases in the price of food, healthcare, housing, and energy, arguing that these factors were creating a class of working poor. Conaghan called for the government to reduce red tape and allow the private sector to drive innovation and job creation, rather than implementing government-led schemes.