Opened the debate
Cadell argued that the government was ignoring the reality of falling real wages, noting that while nominal pay packets might increase, purchasing power for groceries, healthcare, and rent was declining. Cadell cited budget paper No. 1 to claim that 35,000 fewer homes were being built and criticised the Housing Australia Future Fund for lacking transparency on construction numbers. Cadell asserted that labour productivity was deteriorating due to excessive red tape and policies that disadvantaged small businesses and industry super funds. Cadell referenced former ACTU secretary Bill Kelty to support the claim that the government was misleading the public about economic conditions.