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‘People are hurting’: Peter Dutton criticises Australian budget
Australian Community Media
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5/17/2024
Opposition leader Peter Dutton outlined Australians' cost-of-living pressures and critiqued the Labor government’s budget.
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00:00
Today, millions of Australians are struggling to pay their bills.
00:05
Even going to the supermarket and petrol station has become stressful for so many.
00:11
Prime Minister, Australians are genuinely hurting under your government.
00:15
Electricity bills haven't gone down by $275, as was pledged on 97 occasions.
00:20
They've skyrocketed.
00:22
The Treasurer will give you a $300 rebate, but he knows full well that your annual electricity
00:28
bills have increased, in some cases by up to $1,000, since Labor formed government.
00:35
Interest rates have gone up on 12 occasions under Labor, and a typical Australian household
00:40
with a mortgage is $35,000 worse off.
00:45
And that's if you're lucky enough to own a home.
00:48
Under this Prime Minister, the great Australian dream of home ownership has turned into a
00:52
nightmare.
00:54
Even finding somewhere to rent is near impossible.
00:57
Last year, Australians suffered the biggest increase in average tax rates of any citizens
01:02
in the developed world.
01:04
There's been double-digit increases for your essentials like electricity, gas, milk, bread
01:10
and rent.
01:11
And, tragically, so many more Australians are living in cars and tents.
01:16
And because of spending in this budget, the economic outlook is one of deficits as far
01:20
as the eye can see.
01:22
To alleviate cost-of-living pressures, we need to get inflation down, to get our economy
01:26
back on track, we need a back-to-basics economic plan.
01:31
And that's what a coalition government will deliver.
01:33
First, we will rein in inflationary spending to take the pressure off inflation.
01:39
As a start, we will not spend $13.7 billion on corporate welfare for green hydrogen and
01:45
critical minerals.
01:47
These projects should stand up on their own without the need for taxpayers' money, if
01:50
they're worth the investment.
01:52
Second, we will wind back Labor's intervention and remove regulatory roadblocks which are
01:57
suffocating the economy and stopping businesses from getting ahead.
02:01
For example, we will not force large firms to spend more than $1 billion a year policing
02:07
the emissions of every small business they deal with, as Labor is trying to do.
02:12
We will condense approval processes and cut back on Labor's red tape, which is killing
02:17
mining, jobs and entrepreneurialism.
02:20
[BLANK_AUDIO]
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