Economy
Background
The Leader of the Opposition challenged the Prime Minister on pre-election promises regarding cost-of-living relief, citing a rise in expenses and business closures.
Question
The member asked how families and businesses could afford another term given the government's record on living standards, noting that costs had risen significantly despite promises of cuts.
Answer from Anthony Albanese
The Prime Minister stated that inflation had fallen from a high rate to 2.4 per cent and wages had risen for five consecutive quarters. He highlighted that the government had delivered tax payouts and cost-of-living measures, including three rounds of energy bill relief, which the opposition had opposed. He noted that the upcoming budget would provide further relief and contrasted this with the opposition's lack of policy detail and history of cutting health and education funding.
Summary in reported speech - not a transcript. AI-generated, so check the source.