Albanese Government
Background
The Leader of the Opposition cited rising interest rates, energy bills, business insolvencies, and a household recession as evidence of government failure.
Question
The member asked the Prime Minister to apologise for failing to improve living standards and to admit that Australians could not afford another term of Labor government.
Answer from Anthony Albanese
The Prime Minister stated that upon taking office, real incomes were falling, inflation was high, and a $78 billion deficit existed. He noted that inflation had dropped to 2.4 per cent annually, within the Reserve Bank's target range, while unemployment remained low at four per cent. He highlighted that wages had risen for four consecutive quarters and that the government had delivered two budget surpluses. He contrasted this with the opposition's record of rising inflation and deficits, asserting that their policies would remove cost-of-living relief measures such as cheaper medicines, childcare, and energy rebates.
Summary in reported speech - not a transcript. AI-generated, so check the source.
Read on OpenAustralia · Official Hansard (APH) · 1 point of order raised