Luke speaks with Senator Jane Hume, Liberal Senator for Victoria / Chair of Select Committee on the Cost of Living, who heard valuable evidence on Friday about how individuals and businesses in Western Sydney are coping with Labor’s cost of living crisis.

The Committee heard that the average family with a mortgage will have to find an additional $12,000 every year to cover their mortgage increases when the current rate rise cycle flows through to repayments.

Senator Hume said the evidence provided to the Committee was helpful in understanding how small businesses and individuals were experiencing the cost of living crisis and the cost of doing business crisis.

“It is clear Australians are crying out for a plan from their government to tackle this crisis, but Labor have put up the white flag. This committee will do what Labor won’t and provide sensible solutions to the cost of living crisis that can be implemented right now.” Senator Hume said.

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