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Cost of living

Addressing the cost of living for all Australians

Building more homes

Building more homes across the country and making it cheaper to rent and buy.

Lowering childcare costs

Lowering childcare costs to take the pressure off working families. 

Energy bill relief

An Energy Bill Relief Plan to give people power over energy prices, through support for rooftop solar, batteries, and energy efficiency.

Cost of living| Addressing the cost of living for *all Australians*

Delivered

I’ve spoken to so many people across our community who are struggling with the cost-of-living. Some of the measures I’ve championed to support those most in need include:

  • [/] Wiped $3 billion in student debt for over 3 million Australians – delivering around $1,200 in savings for the average graduate.
  • [/] Helping deliver 80,000 new secure rental homesthrough changes to the Build to Rent scheme negotiated by the crossbench.
  • [/] More than $1 billion to support home electrification helping 110,000 households with energy upgrades like solar, batteries, insulation and more efficient appliances.

Future Plans

I’ll continue to advocate for measures that put downward pressure on inflation today, whilst permanently reduce price pressure in future.

  • Lower income taxes so young working people can earn more and get ahead.
  • Reduce the cost of renting and home ownershipby sharpening incentives for housebuilding; switching-out stamp duty; creating a new industry regulator; and tilting the scales of the housing market towards home ownership
  • Permanent energy bill relief with more help for renters and homeowners to get rooftop solar, home batteries, and energy efficiency upgrades.
  • Lower childcare coststaking the pressure off Wentworth families. 
  • Keeping a lid on student debtto stop young Australians from falling behind.

Watch & Read

  • Financial Review - CFMEU rout could pave way for foreign tradies to relieve housing crunch (link)
  • ABC RN Drive - Labor housing fund not adequate as it is: Allegra Spender (link)
  • Sky News – Allegra Spender calls for Australia to focus on growing housing (link)
  • ABC News: Spender asks Education Minister to change HECS indexation (link)
  • ABC News: Former assistant governor says childcare pay rise will worry RBA (link)

Speeches in Parliament

HECS

  • The Universities Accord Bill: Allegra welcomes changes to the HELP indexation scheme to make tertiary education more affordable, 10 October 2024 (link)
  • Student debt and its impacts on young people: Allegra outlines the barriers that HECS debt, housing and tax are creating for young people, 25 March 2024 (link)

 Housing

  • Supporting boarding houses: Allegra highlights the importance of saving boarding houses in Paddington which are critical in addressing the housing shortage, 26 November 2024 (link)
  • Calls for action on the housing crisis: Allegra identifies four key areas of reform to address the housing crisis, 14 August 2024 (link)
  • Urging for greater housing supply: Allegra expresses her satisfaction that the National Cabinet has agreed to end no-fault eviction and to limit increases of rents to once a year, 4 September 2023 (link)
  • Calls for a National Assembly: Allegra and the crossbench call for a citizens' assembly into housing affordability, 19 June 2023 (link)
  • The Housing Australia Future Fund & National Housing Supply: Allegra acknowledges the significance of housing affordability and supports the Bill, 15 February 2023 (link)
  • Housing affordability: Allegra urges that the government must make a fundamental shift in housing policy to address the crisis, 28 September 2022 (link)

 Permanent Energy Bill Relief Plan

  • Calls for a People Power Plan: Allegra calls on the government to fund a people power plan to lower energy bills at the May budget, 24 May 2024 (link)
  • Power Bill Relief: Allegra joined her crossbench colleagues a proposal that would turbocharge the installation of more than 10,000 additional hot water heat pumps, induction cooktops and energy-efficient home heating each year, 16 October 2023 (link)

In detail - 

Detailed policies cost of living