It’s not going to get any better. Albanese is pouring fuel on the fire, putting more of your taxes into green projects that will make your electricity bill more expensive.
Transcript
As a servant to the many different people across Queensland who make up our amazing Queensland community, I’m speaking to Senator Canavan’s matter of public importance motion. This MPI quite fairly criticises the Albanese Labor government for their record of promises already broken, including a promise not to raise taxation and a promise not to change superannuation.
The Prime Minister is now raising tax on unrealised earnings of large superannuation funds. Way to go! Labor are running a two-for-one sale on broken promises, just in time for the New South Wales state election, where 5½ million voters are going to ask themselves: ‘Do I trust Labor with government? Will they keep their promises?’
To be fair, the Albanese government has not resorted to dividing promises into core and non-core promises—yet. But wait; it’s early days. Their promise to bring down the cost of living is already broken. Today, Brisbane’s Courier Mail newspaper reported that an average household in Queensland now has to spend an additional $1,150 a month to pay their bills and keep a roof over their head. That is a hell of a lot of money for everyday Australians to find every month.
The Labor government is wrongly trying to blame international pressures for gas price rises. Gas was already increasing rapidly before the Ukraine conflict. The gas price rise has nothing to do with war between countries and everything to do with the war on coal. As the government closes down energy-intensive coal power and introduces more weather dependent solar and wind power, the grid needs more and more gas to firm the supply and maintain reliable power.
Household gas is costing more as large electricity generators bid in the market for the gas they need to keep the electricity grid functioning. Increasing gas prices are demand inflation. Housing price rises are demand inflation. Four hundred thousand new Australians arrived in the last 12 months—$400,000—all needing houses in which to live. Of course the price was going to rise. No wonder the Albanese government changed their election promise from ‘cheaper power’ to ‘power going up less quickly’.
Every coolroom in every farm and dairy, and every Coles store and every other supermarket is now more expensive to run. Every bakery, restaurant, butcher, store and shopping centre is passing on huge increases in power prices. Mortgage repayments are rising because the previous government’s money printing caused increasing interest rates. Labor went right along with those measures and is equally to blame for the inflation that that’s now caused.
Last week, Treasurer Jim Chalmers recklessly, wrongly, uncaringly, claimed the worst of inflation is over. Really? On what basis? New South Wales voters should not believe that for a moment. Inflation is a direct result of this government’s core energy and spending policies.
And this government is not going away until 2025.
Agreed – thank you for your good work, Senator Roberts
Wow, powerful. There is so much to focus on in this world, I really didn’t realise energy costs is so much behind the rise in food prices. Light bulb on. Thank you for pushing this. You make it fun to hear about it.