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House of RepresentativesWednesday 3 June 2026

Appropriation Bill (No. 1) 2026-2027

Ms CAMPBELL (Moreton) (11:55): The member for Barker talks about this budget having an ideological objective, and he's absolutely right. It has an ideological objective, and that objective is to get young people into homes. That objective is to make sure that families have a roof over their heads.

That objective is to make sure that the next generation has the opportunity to open a door that they call their own. Given that we're talking about consideration in detail in relation to the Finance portfolio, I thought it would be prudent to start with some numbers: 2,800 is the number of dollars that someone on the average income will get back in a tax cut from this government; 75,000 is the number of Australians who will be supported into their very first home because of this budget; $3.5 billion is the amount of new business-tax relief; 137 is the number of urgent care clinics being opened to make sure that health care in this country is more affordable and closer to home; and the last number, half a trillion dollars, is the hole that this opposition will make in the budget—from their irresponsible, unfunded approach to budgeting.

Those numbers paint a really clear picture. Those numbers paint a stark contrast between a government that is investing in the things that matter to everyday people—housing, the cost of living, tax cuts—and an opposition incapable of doing that. When the Treasurer handed down the budget last month, he identified five main focus areas for action.

To begin with, this is a budget that helps Australia navigate global shocks, including ups and downs in energy prices, and we've already seen the policies of this government come to fruition with the first steps in reducing energy prices. Secondly, it focuses on taking some of the pressure off households where we can, with targeted support to help people manage the cost of living and to try and get everyday people into their very first home.

Next, it works to make the economy more productive, because that's what will lift living standards over the long term. It follows up with necessary tax system reform that supports workers, that supports businesses, that supports young Australians and that delivers tax relief to every Australian taxpayer. Finally, it aims to put the nation's finances on a stronger footing, helping to ease the pressure on inflation.

We are putting more money back into the pockets of Australians with another tax cut for every taxpayer, and, this week, we will finally find out if a tax cut for every Australian taxpayer is something that those opposite support or whether they will double down, wind up again and again vote against a tax cut for every single taxpayer. Making sure that everyone gets a tax cut is part of the architecture of what this Albanese Labor government is doing in this budget.

We know what the other side wants when it comes to the deliberate design of their policy architecture. What they want is for working people's wages to go lower. While this Labor government is investing in a tax cut for everyone, while this Labor government is investing in health care and while this Labor government is working towards a pay rise—of up to $12,000 now, by the way—for our lowest-paid Australians, those opposite want to vote against a tax cut yet again.

This government is committed to a fairer tax system, because when nurses, teachers, sparkies, aged-care workers, early childcare and education workers, coppers and boilermakers are paying higher taxes than those people who are earning from assets, that's a problem, and this is a government that will fix that problem through this budget. This budget reflects the view that the strength of the economy must be measured not just in headline figures but in the everyday experience of Australians at the checkout, in energy bills, at the pharmacy and at the pump.

Proposed expenditure agreed to.

SourceHouse of Representatives, Wednesday 3 June 2026 — official recordTA-260603-house-804d9cb5f6e1:s131