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DAN TEHAN MP
FEDERAL MEMBER FOR WANNON
SHADOW MINISTER FOR IMMIGRATION AND CITIZENSHIP

LABOR MUST ACT ON COST OF LIVING

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For almost two years now, Labor has been missing in action on the cost of living crisis that is crippling many families and businesses in Wannon.

The Senate Cost of Living Committee has now released its second Interim Report which makes 14 recommendations on how the Albanese Government can act to help Australians.

Over a thousand survey responses from ordinary Australians were received by the Committee, of which 92% of respondents noted they had experienced cost of living pressures in the past six months and 90% had re-prioritised expenditure or ‘gone without’ due to cost of living pressures.

In response to the overwhelming amount of surveys that spoke about the need to get inflation down, the first recommendation of the Committee is for Labor to reduce its spending to support the Reserve Bank in its efforts to curb inflation.

There are also a number of recommendations targeted toward lowering the cost of energy, food and groceries, and addressing the pernicious bracket creep that is robbing Australians.

Member for Wannon, MP Dan Tehan said the Albanese Government must adopt all 14 of the Committee’s recommendations because the people of Wannon can’t afford more bad decisions and wrong priorities from Labor.

“The worst thing Labor can do in their upcoming Budget is to deliver another high spending, high taxing Budget.

“Labor was elected on a promise to lower the cost of living, but the people in Wannon have only gone backwards thanks to higher mortgage rates, higher energy prices and higher grocery bills.

“This Budget is a test for Labor. Will they deliver a budget that responds to the findings of this Report and doesn’t make the inflation problem worse, or will they let the people of Wannon bear the brunt of their poor economic management?”+-

ENDS

Media contact | Sandie Gustus 0408 564 232
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By Dan Tehan
May 14, 2024
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