Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

The survey, the Household, Income and Labour Dynamics Survey of 2001-05, which is a period in which those opposite were in a position to do something about this, says that older Australians missed out on the increase in the standard of living in Australia over that period. In fact, it said that their standard of living increased by just 0.7 per cent across that time.

The second point I would make is that across that 2001-05 period revenues to the government from personal income taxes grew from $77 billion a year to $112 billion a year.

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