The Albanese Labor Government has handed down its Budget, and families and businesses across Spence are set to benefit says Matt Burnell MP, Member for Spence.

“This is a Budget that delivers on our promises, and provides cost of living relief for our community,” said Mr Burnell.

In addition to its existing initiatives on cheaper child care and cheaper medicines, Labor has announced a new Energy Price Relief Plan that will provide relief for more than five million households.

“Labor’s Energy Price Relief Plan will provide local residents and businesses with a rebate of up to $500,” said Mr Burnell.

“I know that this will make a real difference in household budgets – helping families in our community to get ahead.”

“We are also making an historic investment to strengthen Medicare, tripling bulk billing incentives, which will see immediate benefits to more than 11 million Australians.”

Labor’s Treasurer, Dr Jim Chalmers, said that the program was just one example of how the Albanese Labor Government was delivering for Spence.

“We made a promise to the Australian people, that after a wasted decade we would work hard every day,” said the Treasurer.

“This Budget is about delivering a stronger foundation for a better future.”

“Labor is delivering the positive and lasting change that Australians voted for, by making child care cheaper, expanding paid parental leave, delivering fee-free TAFE, saving households money on their power bills, making medicines cheaper and getting wages moving again.”