Question Time AU

Matter of Public Importance

Economy

House of Representatives · Thursday 30 October 2025

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

At a glance

The debate centred on the government's economic management, with the opposition criticising high inflation, rising national debt, and increased energy costs as consequences of excessive spending. Government members defended their record, attributing economic pressures to inherited conditions and arguing that their investments in health, housing, and renewable energy are necessary for long-term stability and cost-of-living relief. The opposition emphasised fiscal responsibility and the burden of debt on future generations, while the government highlighted job growth, tax cuts, and structural reforms. No vote was taken as this was a Matter of Public Importance.

Outcome

The debate concluded without a vote, as is standard for Matters of Public Importance.

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's spending has led to record-high inflation, breaching the Reserve Bank of Australia's target band, and added $100 billion to the national debt, projected to reach $1.2 trillion by the next election. O'Brien claimed that expenditure was rising four times faster than the economy, resulting in higher costs for households, including increases in food, education, housing, insurance, and energy prices. O'Brien asserted that the government's reliance on a revenue windfall has created a structural deficit, forcing them to consider further tax increases to cover a $20 billion shortfall from abandoned capital gains tax proposals. O'Brien characterised the government's approach as fiscally irresponsible, saddling future generations with debt and failing to control the cost of living.

Government response

Leigh countered that the opposition is divided on key issues such as climate change, immigration, and economic policy, undermining their credibility. Leigh highlighted the government's productivity agenda, including reforms to non-compete clauses, supermarket pricing, and the National Productivity Fund, aimed at boosting wage growth and innovation. Leigh emphasised the government's commitment to net zero emissions and renewable energy, arguing that these policies support jobs and prosperity while avoiding the high costs associated with the opposition's nuclear energy proposal. Leigh noted that the unemployment rate is lower than in many trading partners and that over a million jobs have been created since the government took office.