Even in the constrained circumstances caused by the level of debt we've taken on to get through COVID-19, we have an obligation as a relatively wealthy nation not to accept the levels of inequality that are present in our society. Today is a major step in that direction but we are well aware that there is more for us to do. The Government has committed to tackling the foundational challenges in our economy and our society in this term of Government. In particular, we are focused on making significant progress in three areas: housing affordability, child wellbeing, and climate change. These will be a focus across all three Budgets this term. 