Opened the debate
Taylor argued that the government had failed over the previous four years, citing diplomatic incidents, energy policy failures, and the $1 trillion national debt. Taylor claimed that the Capacity Investment Scheme was driving up electricity prices by 40 per cent and that the Tomago aluminium smelter bailout demonstrated the failure of net zero policies. Taylor also criticised the royal commission into antisemitism for excluding key witnesses and accused the government of underfunding defence and veterans' services. Taylor asserted that housing market conditions had worsened due to changes in negative gearing and capital gains tax, and that the government had lost control of inflation and interest rates despite receiving a $400 billion revenue windfall.