Newsroom

Katter condemns budget surplus at the expense of cost-of-living relief

September 30, 2024

As Treasurer Jim Chalmers smugly shows off a revised 23/24 budget surplus, KAP Federal Member for Kennedy Bob Katter asks how this will equate to relief for Australians coping with the cost-of-living crisis.

Mr Katter said if the Government were serious about a “so-called surplus”, then it would start investing in money-generating projects and focusing on taking the pressure off ordinary Aussies.

“Farmers are feeling like there’s no way out; families are having to scrimp and save just to get by – but oh yes, thank you Mr Chalmers for bringing us a budget surplus,” said Mr Katter.

“I’ve been analysing budgets for 50 years now, and it’s still clear that Mr ALP/LNP has no idea what’s going on outside of Canberra. And this tone-deaf budget update proves this.”

Mr Katter feels it is absurd that the Government is puffing itself up while Qantas continues to price gouge, Coles and Woolworths are under investigation by the ACCC, ASIC is asleep at the wheel while rogue corporates rip off hard-working mum-and-dad businesses, and state and federal assets are being sold off to international investors.

“And what do Australians get in return? Many households across this nation can’t remember the last time they had a “surplus” as they are living paycheck to paycheck.” Mr Katter said.

“And this self-serving, double-degree done-nothing has the gall to prance around like a peacock while Australians struggle to make ends meet.”