MEDIA RELEASE: Great news as July 1 brings cost of living relief for Gilmore residents

MEDIA RELEASE: Great news as July 1 brings cost of living relief for Gilmore residents Main Image

01 July 2024

From today, Monday July 1 2024, thousands of households and businesses across the Gilmore electorate will get a helping hand as the Federal Government’s cost of living relief measures kick in.

The Albanese Labor Government is providing vital cost of living relief for every Australian right now, while working to tackle inflation and deliver a Future Made in Australia.

From 1 July , the Government is delivering:

  • Tax cuts for all 13.6 million Australian taxpayers, with an average cut of $1,405 in Gilmore.
  • $300 energy bill relief for all Australian households and $325 for one million small businesses.
  • An increase in Commonwealth Rent Assistance for nearly one million households.
  • A freeze on the cost of PBS medicines for every Australian.
  • More funding to build more homes in every part of the country.
  • $3 billion in student debt waived for more than three million Australians.
  • Extending the freeze on deeming rates for 876,000 income support recipients.

This comes on top of a third consecutive pay rise for 2.6 million workers, backed by this Government.

Federal Member for Gilmore Fiona Phillips said the measures built on cost of living relief the government has already delivered, such as cheaper child care, fee-free TAFE and the biggest investment ever in expanding bulk-billing.

“We know that people in Gilmore are under pressure right now. That’s why the Albanese Labor Government is delivering this help now, while delivering on our responsible economic plan to fight inflation and invest in future growth,” she said.

“From today (July 1), we are delivering a tax cut for every Australian taxpayer including 64,000 people in Gilmore, $300 energy bill relief for every household and $325 for small businesses.

“From today there will be a freeze on the cost of PBS medicines, which will help many local families and seniors in Gilmore.

“We’re delivering a third consecutive pay rise for 2.6 million workers and more funding to build more homes including on the South Coast.

“That’s not all. Labor has already delivered cheaper child care, fee-free TAFE and the biggest investment ever in expanding bulk-billing.

“All this is part of a longer-term economic plan, helping Australians right now, working to bring down inflation and planning a Future Made in Australia.

“I’m so proud to be able to deliver these measures to assist local families, seniors and small businesses.

“I know there’s still more to do and I’ll keep working every day to deliver for the people of Gilmore.”

 

Photo: Federal Member for Gilmore Fiona Phillips with Federal Treasurer Jim Chalmers.

 

ENDS

1 July, 2024

MEDIA CONTACT: Katrina Condie 0437 662 967