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Senate · Wednesday 26 March 2025

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

At a glance

Senators debated the government's handling of the cost-of-living crisis and the details of the recent budget. Opposition senators argued that the budget failed to address rising living standards, citing high deficits, increased business insolvencies, and inadequate tax relief. Government senators defended their record, highlighting job creation, inflation reduction, and specific relief measures such as energy rebates and Medicare investments. The debate concluded with the motion being agreed to.

Outcome

Question agreed to.

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 government had failed to address the cost-of-living crisis, mortgage stress, and business insolvencies over three years. Smith characterised the proposed tax cuts as insufficient, describing them as an election bribe rather than sound economic management. Smith cited data from the OECD and the Reserve Bank of Australia to support claims that living standards had slipped and mortgage stress had increased. Smith urged voters not to support the government, arguing that the budget did not offer a viable plan for future economic stability.