Scott Morrison is only embarrassing himself when he talks about income tax cuts not only because has no plans or details but because hes currently trying to legislate a $44 billion hike in income taxes.

SloMo, if you want to talk the talk, then listen to Labor, and drop the income tax hike on low and middle income earners.

In attempting to explain away the poor quarterly household consumption figure, the Treasurer today referred to potential future income tax cuts - to provide income tax relief wherever, and whenever possible - a thought bubble begun by Malcolm Turnbull two weeks ago.

Despite todays headline growth figure coming in below expectations we welcome the recovery of private investment after a long period of weakness under this government

But its clear from these national accounts, that while businesses are feeling good, households certainly arent.

Consumers are indeed feeling the strain in a worrying sign weve had the lowest household consumption since the global financial crisis which suggests that cost of living pressures and record household debt are weighing on the spending habits for families around the country

This is not surprising given workers are struggling to get a decent pay rise = and the Turnbull Government is cutting their penalty rates - and their debt levels have been rising much faster than their incomes.