STATEMENTS BY MEMBERS

Mr TIM WILSON (Goldstein) (13:54): The Albanese government is not so big on truth bombs, but they're definitely big on inflation bombs. The first of July this year brings in the next round of consequences from the Treasurer's active inflation agenda, where he stokes inflation, taxes inflation then spends inflation, and he's got families and small businesses on his hip list.

The Treasurer keeps pouring debt petrol on the inflation fire, and what's the consequence? Well, because he can't control his spending addiction, many fees automatically go up because of indexation. Company registration fees will go up.

Business registration fees will go up. NBN plans will go up by 10 bucks. The cost of sending a parcel will go up by close to five per cent, and the price of fuel will increase too.

That's the way the Treasurer likes it. He wants inflation to be the silent thief in the night so he doesn't get caught with his hands in your pocket. What he's doing is charging—and, of course, it's going to be the same thing with taxes.

That's why the coalition's tax back guarantee will return overtaxation from inflation automatically. We're on your side. The coalition actually backs Australians and their wages to hold their money.

We think you should have it better. We will draw a line under the Treasurer's tricky take.