Today, 1 July, is a big day. It's a big day because, from today, all 13.6 million Australian taxpayers will get a tax cut, with an average cut being $1,888 a year, or $36 a week. The Albanese Labor government are delivering this tax cut because we want Australians to earn more, and, of course, we want them keep more of what they earn. In addition to these tax cuts, our $300 energy bill relief will begin to flow, and there will be $325 for one million small businesses. And for the third consecutive time, we will see a pay rise for low-paid workers. These 2.6 million workers will get a pay rise, backed by our government. Also, 22 weeks of paid parental leave kicks in from today. This is an additional two weeks for Australian families. This is enormous for families making those critical decisions about how to manage care and time away from the workforce.

Of course, these are just some of the measures that commenced today, and they're in addition to the other work we're doing to provide cost-of-living relief for Australians, including strengthening Medicare, making medicines cheaper across the system and increasing bulk-billing in every community.

We're waiving $3 billion in student debt for more than three million Australians. We're supporting fee-free TAFE and prac placements for students. We're building more homes more quickly in every part of the country. We're working to deliver cheaper groceries by strengthening the food and grocery code. There's cheaper child care and increased Commonwealth Rent Assistance. We're planning a Future Made in Australia. We provisioning for higher wages for aged-care and childcare workers. There's more funding for emergency and food relief and financial support services. And, of course, we're paying superannuation on paid parental leave. We know these measures won't solve everything, but they're real, tangible measures which will make a difference in people's lives. I'm proud of the Albanese Labor Government's work.