Question Time AU

Matter of Public Importance

Cost of Living

Senate · Monday 10 February 2025

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

At a glance

The Senate debated a matter of public importance regarding the rising cost of living, with the opposition arguing that the government had failed to deliver on election promises and that living standards had declined significantly since 2022. Government senators countered that inflation was falling and real wages were growing, attributing earlier economic difficulties to the previous administration. Other parties highlighted issues such as billionaire wealth inequality, housing affordability, and specific policy proposals like cannabis legalisation and excise freezes. The debate concluded without a vote, as the motion was not passed.

Outcome

The motion was not passed, with 28 senators voting in favour and 33 against.

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

How the debate unfolded

Opened the debate

Smith argued that the cost of living had risen by 19.4 per cent since the Labor government took office, citing high inflation and interest rate rises as evidence of poor economic management. Smith claimed that living standards had collapsed and that families faced an uncertain financial future under the current administration. Smith asserted that the government had pursued wrong priorities, leading to stress for hardworking Australians and businesses. Smith urged voters to consider the critical nature of the upcoming election in determining the country's economic direction.

Votes during this debate

Division 11: Cost of Living Not passed 28–33