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Supporting Sturt residents to ease cost of living

Supporting Sturt residents to ease cost of living

Published: 02 May, 2022

The Morrison Government is helping people in Sturt deal with cost of living pressures with the one-off $250 Cost of Living Payment flowing into people’s pockets from Wednesday 27 April.

More than 6 million people across Australia will receive the payment, with total payments of around $1.5 billion.

The Morrison Government’s economic plan is helping families with cost of living pressures when they need it most.

Global factors such as high oil prices and supply chain disruptions are putting pressure on household budgets here at home.

That is why in the 2022-23 Budget the Morrison Government committed to a temporary, targeted and responsible cost of living package.

In contrast, Labor has no plans to help families with cost of living pressures. At the last election they proposed $387 billion in higher taxes on individuals, retirees, family businesses, housing and superannuation.

As events abroad push up the cost of living, this $250 payment is part of the Government’s comprehensive and targeted plan to provide cost of living relief now.

I understand that local households are under pressure at the moment which is why the Morrison Government is supporting about 39,000 eligible government payment recipients in our community right here, right now.

The one-off Cost of Living Payment will go to eligible pensioners, carers, veterans, job seekers and retirees and is in addition to other measures we have already introduced to ease the cost of living.

Local motorists are already saving 22 cents a litre as a result of the temporary halving of the fuel excise, translating to average savings per full tank of $14 for a small car to $26 for a large car.

Under our cost of living package, more than 10 million Australians will also benefit from a one‑off $420 cost of living tax offset. Combined with our previously legislated tax cuts, low and middle income earners will now benefit by up to $1,500 and couples up to $3,000 from 1 July this year.

We are also easing pressure on electricity prices, with prices down 8 per cent over the last two years compared to the doubling of energy costs under the former Labor government.

We know from experience that Labor can’t manage money, which is why they come after yours.

Only the Morrison Government will continue to deliver for Sturt, as part of our plan to build a strong economy and a stronger future.