PRIVATE MEMBERS' BUSINESS
Mr PIKE (Bowman) (11:17): I move: That this House: (1) recognises the Opposition's plan to: (a) deliver lower taxes; (b) deliver lower power prices; (c) provide more housing; and (d) put Australians first; (2) acknowledges the Opposition's plan to deliver cheaper power and more reliable energy for households, small businesses and communities; (3) highlights the Opposition's plan to deliver less migration and more homes, so housing, infrastructure and services can better keep pace with demand; (4) supports the Opposition's plan to put Australians first by: (a) managing the budget responsibly; (b) paying down debt; and (c) investing in Australia's future; and (5) calls on the Government to adopt practical policies that: (a) ease pressure on families; (b) back workers and small businesses; (c) strengthen communities; and (d) restore confidence in Australia's future.
We're in a strange situation in Australia's history. It has been the case for every generation since Australia was first founded, or even going back before Federation, that each generation could pass onto their children a stronger and more prosperous country. We've been through world wars.
We've been through depressions. We've been through droughts. We've been through all sorts of major national challenges.
Unfortunately, I think we've now reached the point—when you look at the data, we've had the largest collapse in living standards across the OECD. This could be the first generation of Australians that passes onto their children a country that is poorer and less secure. I went out in the Redlands over the last two weeks and met with lots of locals in my electorate.
They're crying out for solutions to the challenges that we are facing that will actually fix our economy and protect our way of life. That's why the coalition has been busy promoting our positive plan to resolve the challenges facing Australian households. Firstly, we have a plan for lower taxes.
We want to stop Labor's assault on aspiration by axing every one of their toxic taxes, including axing Labor's changes to capital gains tax, their start-up tax; axing Labor's 30 per cent minimum tax on trusts, their small-business tax; and axing Labor's negative gearing changes, their housing tax. We want to end the inflation tax by introducing the tax back guarantee.
This is our policy to finally remove bracket creep from our income tax system, and we want to back small business with a $50,000 instant asset write-off and make it permanent for any business with a turnover that's under $10 million. Secondly, we have a plan for cheaper energy. We'll scrap net zero mandates and their costs, we'll double fuel reserves to 60 days and we'll support more than a billion litres of new fuel storage with an $800 million Australian fuel security facility.
We will designate key energy projects as national strategic priority projects and reverse Labor's regulatory barriers that single out oil and gas. We'll back technology that can deliver affordable and reliable energy for Australian households and businesses: coal, gas, hydro, nuclear, batteries—and renewables, in the right places. We'll work with coal-fired power-plant owners to keep that generation running as long and hard as possible, to get electricity prices down.
We want to the lift ban on nuclear power in this country, and we want to make the $7 billion Northern Australia Infrastructure Facility a permanent fixture. We want to scrap Labor's safeguard mechanism—a carbon tax on business that is driving industry offshore—and, of course, cut Labor's car and ute tax. Thirdly, we have a plan for less migration and more homes.
We want to cap net overseas migration, each year, below the number of new homes completed. We want to put Australian values first by making compliance with the Australian Values Statement a binding condition on obtaining and holding a visa. We want to introduce a safe countries list, fast-track refusal of unfounded protection claims, restore temporary protection visas and fund law enforcement to deport people who have no right to be here.
And we want to show a red light to radicals. Finally, we have a plan to put Australians first by putting a speed limit on spending, preventing government from spending faster than the economy is growing. We want to establish a future generations fund, saving money from windfalls from high commodity prices to pay down debt and invest in nation-building infrastructure—and I think that's a critical part of our plan, because what we've seen from this government is that, when we've had these big windfall gains, they get spent as quickly as they come in.
We want to limit access to welfare payments and benefits to Australian citizens only. This is a key bit of feedback I've received from my constituents, that so many Australians don't realise: that so many of our welfare programs are available not just to Australian citizens but to permanent residents as well. We want to implement a whole-of-government national security strategy and invest at least three per cent of GDP in defence.
And that needs to be the government's top priority. The first priority of every government should be ensuring that our nation is safe and secure, and, in the climate we're seeing across the world, that's never been as important as I think it will be over the rest of this decade and heading into the future. And it's critical that we start to ramp up that investment.
These are the policies that Australians need, to fix our economy and protect our way of life—not handouts or election sweeteners or short-term thinking, but serious reform that will make a real difference to the lives of Australians living in my electorate and living in all of the 150 electorates represented in this chamber. The DEPUTY SPEAKER ( Mr Buchholz ): I thank the honourable member for the contribution.
The question is now that the motion be agreed to. Is the motion seconded? Mr Rebello: I second the motion and reserve my right to speak.