Summary
NRF (National Reconstruction Fund)
$15 billion independent investment corporation for manufacturing across 7 priority areas.
Operates commercially, targeting returns 2-3% above bond rates.
Aims to create jobs and strengthen sovereign capability.
Excludes investment in coal/gas extraction and native forest logging.
1bn solar sunshot
$1 billion program managed by ARENA to boost domestic solar panel manufacturing.
Aims to increase local production from the current 1% of panels used.
Includes transforming the former Liddell Power Station into a solar manufacturing hub, creating jobs in transitioning communities.
Designed to reduce import dependence and solar panel costs.
Safeguard mechanism
Reformed policy mandating emissions reductions for Australia's ~219 largest industrial facilities.
Sets declining annual emissions limits (baselines) by 4.9% to 2030.
Aims to cut over 200 million tonnes of emissions by 2030.
Includes flexibility mechanisms (credits) and support for trade-exposed industries ($600m).
PRRT Reforms (Petroleum Resource Rent Tax)
Reformed PRRT to close loopholes for offshore gas companies.
Caps allowable deductions at 90% of assessable income, bringing revenue forward.
Projected to increase tax receipts by $2.4 billion over forward estimates.
Aims to ensure Australians receive a fairer return from natural resources.
Fee free tafe
Provides fee-free TAFE places in priority sectors to address skills shortages and remove financial barriers.
Over 568,400 enrolments achieved by Sept 2024 across Australia.
Significant participation from women, regional Australians, youth, job seekers, and First Nations people.
Legislation ensures 100,000 fee-free places annually from 2027.
Record real wages growth
Delivered five consecutive quarters of real wage growth (following five quarters of decline pre-election).
Accompanied by the creation of over 1.1 million jobs.
Average annualised wage growth higher under Labor (3.7%) compared to the previous government (2.2%).
Supported by workplace reforms, tax cuts, and moderating inflation.
Corporate tax crackdown
Implemented major crackdown on corporate tax avoidance and adviser misconduct (partly response to PwC scandal).
Significantly increased penalties for promoting tax avoidance schemes (up to $782.5m for large global entities).
Strengthened regulator powers, broadened definitions, and extended investigation timelines.
Contributed to record corporate tax receipts (~$100bn in 2022-23).
Closing multinational tax loopholes
Legislated a 15% global minimum tax and domestic minimum tax for large multinationals (revenue >€750m).
Part of the OECD/G20 international tax reform (Two-Pillar Solution).
Aims to prevent tax avoidance, protect Australia's tax base, and ensure fairer competition.
Effective progressively from January 2024.
Lowest unemployment in 50 years
Achieved the lowest average unemployment rate in 50 years.
Created over 1.1 million jobs, reaching record high employment (14.6m) and participation (67.1%).
Strong growth in full-time positions, including record women's employment.
Supported by workplace reforms contributing to wage growth and job security.
Cracking down on supermarket duopoly
Introduced Australia's first mandatory Food and Grocery Code of Conduct (effective April 2025).
Applies to major supermarkets (Woolworths, Coles, Aldi, Metcash) to protect suppliers from unfair practices.
Introduces significant penalties for breaches (up to 10% of annual turnover).
Strengthens ACCC enforcement, dispute resolution, and includes anonymous reporting pathways.
HECS cuts
Changed HELP debt indexation to be the lower of CPI or Wage Price Index, wiping $3 billion in debt (backdated to June 2023).
Promised a further 20% cut to all student loan debts (~$16 billion total) if re-elected.
Promised increase in minimum repayment threshold from ~$54k to $67k if re-elected.
Aims to ease the cost of education for over 3 million Australians.
Expanding paid parental leave
Legislated expansion of Paid Parental Leave (PPL), increasing progressively to 26 weeks by July 2026.
Introduces superannuation payments (12% rate) on PPL from July 2025.
Includes 'use it or lose it' weeks reserved for each parent to encourage sharing care.
Increases flexibility for families, benefiting ~180,000 annually.
3 consecutive minimum wage increases
Advocated successfully for workers, resulting in three consecutive significant minimum wage increases determined by the Fair Work Commission (FWC).
Cumulative increases (5.2% '22, 8.6% '23, 3.75% '24) lifted the minimum wage by
143/week).
Benefits 2.6 million workers on minimum and award wages.
Contributed to the return of real wage growth for low-paid workers.
Secure jobs better pay
Overhauled workplace laws ('Secure Jobs, Better Pay' Act) to boost wages, job security, and workers' rights.
Introduced restrictions on fixed-term contracts, banned pay secrecy, and enhanced flexible work rights.
Strengthened gender equality protections and reformed enterprise bargaining processes.
Aimed at improving conditions and pay, with early reviews showing positive signs (e.g., increased agreement coverage).
Protecting Commonwealth Workers
Introduced new laws creating Workplace Protection Orders (WPOs) to protect frontline Commonwealth workers from violence and aggression.
WPOs can restrict access to workplaces or contact with workers.
Breaching a WPO carries penalties of up to two years imprisonment.
Supported by $314.1m funding for safety improvements at Services Australia centres.
Right to disconnect
Gives workers a legislated right to refuse unreasonable contact from employers outside paid working hours.
Aims to curb unpaid overtime and improve work-life balance.
Reasonableness depends on factors like role, compensation, and personal circumstances.
Early data indicates a significant reduction (33%) in unpaid overtime hours since implementation (Aug 2024 for larger businesses).
Same job same pay
Ensures labour hire workers are paid at least the same as directly employed workers doing the same job under an enterprise agreement.
Closes a loophole preventing undercut wages; effective Nov 2024 via FWC orders.
Preserves legitimate labour hire use but prevents deliberate wage suppression.
Early examples show significant pay rises for workers across various industries.
Fixing hecs debt and home loans
Updated bank lending guidelines (via APRA/ASIC) to help first home buyers with HELP debt.
Allows banks to disregard HELP debt in mortgage serviceability tests for borrowers expected to repay it soon.
Aims to remove a barrier to home ownership and potentially increase borrowing capacity.
Pacific climate partnerships
Delivering climate infrastructure and support to Pacific nations facing climate threats.
Key initiative: $350m Pacific Climate Infrastructure Financing Partnership (PCIFP).
Focuses on renewable energy (mitigation), adaptation infrastructure, and resilience.
Includes $75m for community-scale and off-grid renewable projects across the region.
International partnerships (Climate/Energy)
Established/enhanced climate and clean energy partnerships with key nations (US, China, India, Japan, Germany, etc.).
Focuses on practical cooperation: technology sharing, trade opportunities (hydrogen, critical minerals, renewables), and decarbonisation.
Committed significant funding to support climate action in the Pacific, Southeast Asia, and globally (e.g., Loss and Damage Fund, regional partnerships).
Driving the nation fund
$500 million fund to accelerate EV transition through charging infrastructure and fleet investment.
Building a national highway fast-charging network (117 stations, ~150km apart) connecting capital cities.
Includes support for dealerships/repairers (DRIVEN program) and hydrogen refuelling infrastructure ('Hydrogen Highways').
Aims to reduce range anxiety and support EV uptake.
New vehicle efficiency standard
Legislated Australia's first New Vehicle Efficiency Standard (NVES), effective Jan 2025.
Sets emissions limits for new vehicles to increase availability of fuel-efficient models.
Aims to significantly cut new vehicle emissions by 2030 and deliver large fuel savings to motorists by 2050.
Brings Australia in line with standards in most major global car markets.
Saving koalas fund
$76 million fund dedicated to protecting endangered koala populations.
Combines habitat restoration (5,000ha+), scientific monitoring (National Koala Monitoring Program), and improved wildlife healthcare.
Guided by the National Recovery Plan and part of the broader Saving Native Species program.
Protecting native species
$224.5 million 'Saving Native Species' program implementing the 10-year Threatened Species Action Plan.
Sets ambitious goals: prevent new extinctions and protect 30% of Australia's land mass.
Targets conservation efforts on 110 priority species and 20 priority places.
Involves habitat restoration, conservation planning, First Nations partnerships, and monitoring.
Protecting record oceans
Expanded sub-Antarctic marine parks (Heard & McDonald Islands, Macquarie Island).
Made Australia the first country to protect over 50% (now 52%) of its ocean territory.
Significantly exceeds the global 30% by 2030 ocean protection target.
Protects vast areas of pristine wilderness and critical wildlife habitats.
43% emissions reduction
Legislated Australia's first national emissions reduction targets: 43% cut by 2030 (on 2005 levels) and net zero by 2050.
Provides policy certainty to drive investment in decarbonisation.
Established accountability framework including annual reporting and independent advice from the Climate Change Authority.
Targets set as a minimum ambition ('floor'); current projections show target is achievable.
Paid leave on super
Legislated superannuation payments on Commonwealth Paid Parental Leave (PPL) for the first time, effective July 2025.
Provides a 12% superannuation contribution on PPL payments.
Aims specifically at closing the gender gap in retirement savings.
Benefits approx. 180,000 families annually alongside the PPL duration expansion.
Criminalising wage theft
Introduced Australia's first national laws making deliberate wage theft a criminal offence (effective Jan 2025).
Carries penalties up to 10 years imprisonment and multi-million dollar fines (or 3x the underpayment).
Targets intentional acts, protects employers making honest mistakes, and offers a compliance pathway for small business.
Aims to deter and punish significant wage underpayments ($850m+ estimated annually).
Free internet for students
School Student Broadband Initiative (SSBI) provides free home NBN until June 2028 for 30,000 eligible families with school children.
Aims to bridge the digital divide, support online learning, and save households ~$1,000 annually.
Over 23,000 families already connected via a voucher system.
Fixing the teacher shortage
National Teacher Workforce Action Plan ($348.5m) to attract, train, and retain educators.
Aims to fix teacher shortages and improve student outcomes; early data shows positive signs.
Key initiatives include thousands of scholarships, additional university places, a new Prac Payment, and workload reduction pilots.
Focuses on improving teacher supply, training, retention, and professional standing.
International student reforms
Introduced reforms for sustainable growth and integrity in the international education sector.
Includes powers to set enrolment caps for providers and requires universities to build more student accommodation.
Bans providers owning education agent businesses and prohibits agent commissions for onshore student transfers.
Aims to curb exploitation, improve student experience, and protect sector reputation.
National student ombudsman
Established an independent National Student Ombudsman to handle university student complaints unresolved by institutions.
Deals with issues like sexual violence, discrimination, and other serious concerns.
Has powers to investigate, make recommendations, compel participation, and report to Parliament.
Responds to Accord recommendations and findings of high rates of campus sexual harassment/assault.
Uni study hubs
Establishing 15 Suburban University Study Hubs ($32.5m) in outer metropolitan areas with low participation rates.
Provides free campus-style facilities, technology, and support for students studying online/remotely with any institution.
Aims to improve access to higher education by reducing travel barriers.
Builds on the successful regional study hub model.
Universities accord (Student Support Bill)
Legislation implementing key Universities Accord recommendations for student support.
Introduces means-tested Commonwealth Prac Payment ($319.50/week) for students on mandatory placements (teaching, nursing, social work etc.).
Creates dedicated funding for 'FEE-FREE Uni Ready' (enabling) courses to expand access.
Mandates 40% of student services fees (SSAF) revenue goes to student organisations.
Formalises HELP indexation changes (lower of CPI/WPI).
Rapid antibullying review
Launched a six-month Anti-Bullying Rapid Review (announced Feb 2025).
Examining school procedures and best practices to inform consistent national anti-bullying standards.
Led by experts and involves nationwide consultations.
Recommendations expected in late 2025.
Rural gps in record numbers
Record 1,750 doctors commencing GP training in 2025.
One-third specialising in Rural Generalism, supporting country healthcare needs (discipline nearing official recognition).
General Practice remains the most popular choice for medical graduates.
Introduced fast-track visa pathway for overseas GPs committed to 10 years rural service.
Medicare urgent care clinics
Established a national network of 87 Medicare Urgent Care Clinics (UCCs).
Provide fully bulk-billed, walk-in care for urgent conditions that don't require hospital emergency departments.
Operate extended hours, 7 days a week, aiming to reduce pressure on hospitals.
Achieved 1 million visits by Dec 2024, with high usage by children and outside standard hours.
Home care package expansion
Allocated funding for 24,100 additional Home Care Packages (HCPs) in 2024-25 budget to reduce wait times.
Transitioning to a new, expanded 'Support at Home' program from July 2025 ($4.3bn reform).
Includes plans for largest ever package release (83,000) in 2025-26, aiming for 3-month average wait time by 2027.
New program increases funding levels, adds dedicated home modification funds, and introduces end-of-life/restorative care pathways.
Aged care workforce reform
Funded a historic 15% pay rise for >250,000 aged care workers (effective July 2023), plus further increases from Jan 2025 ($15.1bn total commitment).
Invested $88.4m in programs to attract and retain aged care workers, particularly nurses.
Aims to address critical staffing shortages and recognise the value of the workforce.
Contributed to increased daily care minutes for residents and improved facility star ratings.
Record hospital funding boost
Delivering a record $33.91 billion in Commonwealth funding to public hospitals in 2025-26 (a 12% / $1.7bn increase).
Aims to help states reduce waiting times (surgery, ED) and address ambulance ramping.
Part of a longer-term commitment to increase the federal funding share to 45% by 2035.
Provides immediate funding boost while negotiating longer-term agreements linked to health system reforms.
Strengthening mental health care
Investing $888.1m to improve mental health access, early intervention, and workforce capacity.
Launching a free, national digital early intervention service (phone/video) from Jan 2026.
Expanding the network of free, walk-in Medicare Mental Health Centres to 61 locations.
Investing significantly ($109.1m) in training more psychologists (postgrad places, internships).
Includes funding for Primary Health Networks (PHNs) for complex care and support for carers.
Huge ndis reform
Investing $468.7m to strengthen the NDIS, focusing on tackling fraud and improving service delivery.
Major crackdown on fraud ($324m+ allocated) via taskforce and system upgrades, yielding significant results.
Introducing legislation ('Getting the NDIS Back on Track') to clarify eligibility criteria and define appropriate supports.
Establishing an independent NDIS Evidence Advisory Committee ($45.5m) to advise on funded supports.
Includes funding for co-designing participant navigational support and reforming pricing arrangements.
Cracking down on smoking + vaping
Implemented world-leading ban on the import, manufacture, supply, and possession of non-therapeutic vapes.
Aims to combat the youth vaping epidemic; praised by WHO.
Includes strong enforcement measures (>7 million vapes seized, significant fines).
Part of a broader strategy with increased tobacco taxes, health campaigns (
264m).
Cte funding
Committed $12.5 million to support people with Chronic Traumatic Encephalopathy (CTE) and promote brain health in youth sport.
Funds a national pilot program with Dementia Australia providing support services for those with probable CTE.
Includes an education campaign targeting school children about concussion risks and brain health.
Responds to advocacy and concerns about sports-related head injuries.
Cheaper GPs
Tripled the Medicare bulk billing incentive payment for GPs seeing pensioners, concession card holders, and children under 16 (effective Nov 2023).
Aimed at reversing the decline in bulk billing rates and making GP visits cheaper for vulnerable groups.
Led to a significant increase in bulk billing rates nationally (+2.1 percentage points by March 2024) and across all states/territories.
National plan to end violence against women and children
Launched the 10-year National Plan (2022-2032) aiming to eliminate gender-based violence within a generation.
Involves a whole-of-government and whole-of-society approach, backed by over $3.4 billion investment.
Key initiatives include the permanent Leaving Violence Program ($925.2m) for victim-survivors, dedicated housing via HAFF, and 10 days paid Family Violence leave.
Established the Domestic, Family and Sexual Violence Commission and released initial action plans.
Closing the gender pay gap
Implemented reforms to improve workplace gender equality and reduce the gender pay gap.
Key actions include banning pay secrecy, introducing mandatory gender pay gap reporting for large employers, and supporting wage rises in feminised industries.
Resulted in a reduction of the national gender pay gap to 11.5% (down from 14.1%).
Contributed to Australia's improved ranking in the WEF Global Gender Gap Report.
Getting inflation back under control
Overseen significant reduction in inflation, with headline rate falling to 2.4% (Dec 2024 quarter), back within the RBA target band (down from 6.1% inherited).
Underlying inflation measures also significantly decreased.
Targeted cost-of-living relief measures (energy rebates, rent assistance) demonstrably lowered the inflation rate.
Achieved while maintaining low unemployment ("soft landing"), with Australia's inflation lower than many peer nations.
Boost to womens health
Delivered a $573.3 million investment package targeting women's health needs.
Added new contraceptive pills and menopause therapies to the PBS for the first time in decades, significantly cutting costs.
Substantially increased Medicare rebates for Long-Acting Reversible Contraception (LARC) procedures.
Expanded the network of Endometriosis and Pelvic Pain Clinics (to 33) and introduced measures for better menopause care (new rebate, guidelines).
Building womens careers program
$60.6 million program under 'Future Made in Australia' to boost women's participation in male-dominated industries.
Funds partnerships (industry, unions, training providers) to create pathways in sectors like construction, clean energy, manufacturing, and tech.
Aims to tackle high industry gender segregation and address skills shortages simultaneously.
Record levels of women in leadership
Delivered Australia's first majority-woman federal ministry.
Achieved record 54% representation of women on Australian Government boards (June 2024).
Set new targets requiring 50% of Chair/Deputy Chair board positions be held by women.
Invested in programs supporting women's pathways into politics and sport (e.g., $200m Play Our Way).
Play our way program
$200 million program (over 3 years) improving facilities and participation opportunities for women and girls in sport.
Funds upgrades like change rooms and playing surfaces ($136m) as well as participation initiatives and equipment.
Targets barriers faced by women, including those from diverse backgrounds, regional areas, First Nations communities, and those with disabilities.
Funded 290 projects across Australia covering over 90 different sports.
1bn leaving violence program
Established the permanent Leaving Violence Program ($925.2m over 5 years).
Provides victim-survivors of intimate partner violence with financial support (up to $5,000 package) and 12 weeks of support services.
Builds on the successful Escaping Violence Payment trial which helped >45,000 people.
Complemented by targeted investments in crisis and transitional housing for women and children fleeing violence.
Women education + workplace reform
Implementing measures for safer education environments and better career pathways for women.
Addressing university gender-based violence via the National Student Ombudsman and a mandatory National Code for prevention/response.
Investing in programs to boost women's participation in STEM ($38.2m).
Using government procurement (Australian Skills Guarantee) and VET funding (National Skills Agreement) to increase female apprentices/trainees in traditionally male fields.
More payments for single parents
Extended eligibility for the higher-rate Parenting Payment (Single) until the youngest child turns 14 (up from age 8).
Prevents recipients moving to the lower JobSeeker payment earlier.
Benefits approximately 57,000 single parents, providing a higher fortnightly payment ($922 vs $745).
$1.9 billion investment aimed at easing cost-of-living pressures for single-parent families.
Restoring our rivers bill
Passed the Water Amendment (Restoring Our Rivers) Act 2023, reforming Murray-Darling Basin management.
Provides more time (to Dec 2027) and flexibility (removed 1500GL buyback cap, unlocked $1.3bn) to achieve environmental water targets.
Strengthens compliance enforcement (Inspector-General) and introduces water market conduct rules.
Reported significant progress in recovering environmental water (286GL towards 450GL target) via voluntary purchases and infrastructure.
Record renewable energy projects
Approved a record number (77) of renewable energy projects since taking office.
Total approved capacity is enough to power over 10 million homes (nearly every household in Australia).
Significant contribution to increasing renewable energy supply (already 46% of grid demand) and reducing emissions.
Approvals include job creation benefits and strict environmental conditions.
NACC (National Anti-Corruption Commission)
Established Australia's first independent NACC, operational since July 2023.
Has broad jurisdiction to investigate serious or systemic corruption across the Commonwealth public sector.
Possesses strong investigative powers (including public hearings) and operates independently.
Actively handling hundreds of referrals and dozens of ongoing investigations.
Electoral reform bill
Passed major electoral reforms (effective after the next election) to increase transparency and reduce the influence of large donations.
Lowers the donation disclosure threshold to $1,000 and mandates faster, near real-time reporting.
Introduces caps on both political donations and campaign expenditure for parties and candidates.
Aims to level the playing field and enhance public trust.
RIG (Regulatory Initiatives Grid)
Launched Australia's first RIG for the financial services sector (Dec 2024).
Provides a coordinated, 24-month forward look at planned regulatory changes from key agencies (ASIC, APRA, Treasury etc.).
Aims to improve transparency, reduce regulatory burden, and allow better planning for industry and regulators.
Responds to concerns about the volume and coordination of financial regulation.
Social media ban
Passed world-first legislation banning under-16s from having accounts on major social media platforms (effective late 2025).
Aims to protect youth mental health; applies to platforms like Instagram, TikTok, Facebook (excludes messaging, YouTube, gaming).
Places onus on platforms for age verification (details TBC) with significant penalties for non-compliance.
Received bipartisan support, but implementation details and expert opinions are varied.
Anti scam agenda
Implemented a comprehensive anti-scam agenda ($180m), contributing to a >25% reduction in reported scam losses in 2024.
Established the National Anti-Scam Centre (NASC) to coordinate efforts.
Introduced practical measures like ASIC website takedowns and a mandatory SMS Sender ID register.
Progressing legislation (Scams Prevention Framework) to place prevention obligations on banks, telcos, and digital platforms.
Strengthened pathways for victim compensation through AFCA.
BNPL Laws
Brought Buy Now Pay Later (BNPL) services under credit regulation for the first time (effective June 2025).
Requires BNPL providers to hold a credit licence, assess suitability/affordability, and meet modified responsible lending obligations.
Gives consumers access to hardship processes and dispute resolution via AFCA.
Creates a new 'low-cost credit' category to balance consumer protection and industry innovation.
Major merger reform
Enacted the most significant merger law reforms in 50 years (effective July 2025).
Introduces a mandatory notification system for mergers above certain financial thresholds, with the ACCC as the primary decision-maker.
Requires clearance before completion for notifiable mergers, with streamlined processes for simple cases.
Includes enhanced transparency (public register) and tools to address 'serial acquisitions'.
Aims for a faster, stronger, more targeted system to protect competition while facilitating beneficial mergers.
Doubling national park funding
Investing $262.3 million to restore national parks suffering from neglect and underfunding.
Funds critical infrastructure repairs, ranger housing, visitor facility upgrades, conservation activities, and cultural heritage management.
Includes establishing a new National Seed Bank.
Creates 110 new jobs, many for Traditional Owners, aiming to improve conservation and boost tourism.
Making australia a hydrogen powerhouse
Launched major investment package to position Australia as a global renewable hydrogen leader.
Includes expanded $4bn Hydrogen Headstart program (production credits for large projects) and a
2/kg from 2027).
Supported by a National Hydrogen Strategy, funding for regional hubs, a Guarantee of Origin scheme, and international partnerships.
Aims to build a large-scale domestic hydrogen industry for domestic use (metals, transport etc.) and export.
Fixing migration
Implementing comprehensive reforms to fix a migration system described by an independent review as "broken" due to prior neglect.
Addressing the temporary post-COVID spike in numbers (now falling sharply) and the issue of long-term temporary migrants.
Key reforms include closing COVID-era concessions, tightening student visa integrity, and introducing the targeted Skills in Demand visa.
Migration levels are projected to significantly decrease, aligning with a strategy focused on productivity, fairness, and better planning.
Highlights that the opposition voted against measures like international student caps
Tackling antisemitism
Implemented a coordinated national strategy involving federal and state governments to combat rising antisemitism.
Established national coordination (database, Special Envoy) and dedicated law enforcement operations (AFP Op Avalite) leading to charges.
Strengthened laws, including banning Nazi symbols/salutes, criminalising doxxing, and progressing new hate speech legislation.
Provided significant funding ($57.5m+) for security upgrades at Jewish community facilities (schools, synagogues).
AML CTF amendments (Anti-Money Laundering / Counter-Terrorism Financing)
Passed major reforms strengthening Australia's AML/CTF laws.
Extends regulations to high-risk professions ("Tranche 2"): lawyers, accountants, real estate agents, precious metal dealers.
Modernises rules to cover digital currencies/virtual asset providers.
Simplifies compliance with a more risk-based approach, aiming to meet international (FATF) standards and avoid 'grey-listing'.
Support and aid for palestinians
Committed $94.5 million in humanitarian aid since Oct 2023 for Palestinians and others affected by the Gaza/Middle East conflict.
Aid delivered via partners like Red Cross, WFP, and UN agencies (including UNRWA) for essentials like food, water, medical care.
Made a historic diplomatic shift (Nov 2024) by voting to support a UN resolution recognising Palestinian sovereignty over Occupied Territories.
Stated the UN vote reflects concerns about settlements undermining the two-state solution, which remains the government's stated goal.
Rebuilding pacific island partnerships
Committed a record $2 billion in annual development assistance to rebuild partnerships in the Pacific.
Responding to regional priorities via initiatives like the expanded PALM scheme (labour mobility) and the new Pacific Engagement Visa (permanent migration).
Investing heavily in regional security ($1.4bn package, bilateral agreements like with Solomon Islands and Tuvalu).
Supporting climate action through domestic targets, regional funding (Pacific Resilience Facility), and infrastructure investment (AIFFP).
Fixing china relationship
Shifted from confrontational approach under previous government to pragmatic engagement, stabilising the relationship.
Restored high-level diplomatic dialogue (leader and ministerial meetings).
Successfully negotiated the removal of significant trade impediments imposed by China on Australian exports (wine, barley, coal etc.).
Balances managing security interests (including AUKUS) with rebuilding economic ties.
Huge investments in defence
Delivering a historic $50.3 billion boost to defence funding over the decade, outlined in the 2024 National Defence Strategy.
Total defence funding to reach $100bn annually (>2.3% GDP) by 2033-34, with a rebuilt $330bn Integrated Investment Program.
Major investments in capabilities including AUKUS submarines, new helicopters (Black Hawks), aircraft upgrades (Wedgetails), and Australian-made systems (radars).
Strong focus on building sovereign defence industry and creating thousands of local jobs.
Implementing reforms including AUKUS trade facilitation and enhanced parliamentary oversight.
First nations
Committed significant funding (>$5.7bn since Oct 2022) across housing, jobs, health, education, justice, water, and culture, focused on practical Closing the Gap measures in partnership with communities.
Key initiatives include a
777m), 1000 new Indigenous Rangers, and the Aboriginal Water Entitlements Program ($100m).
Acknowledges slow progress on overall Closing the Gap targets (report shows 5/19 on track).
Fulfilled election promise to hold the Voice to Parliament referendum (Oct 2023); following its defeat, will not pursue a legislated Voice.
16bn better and fairer schools agreement
Secured agreement from all states/territories for the $16.5 billion Better and Fairer Schools Agreement.
Increases the Commonwealth funding floor for public schools from 20% to 25% (40% for NT), ensuring they reach 100% of the Schooling Resource Standard (SRS).
Ties increased funding to reforms targeting improved student outcomes (literacy, numeracy, completion rates), wellbeing, and teacher support.
Closes state accounting loopholes for non-classroom spending.
Help to buy
'Help to Buy' shared equity scheme where the government co-invests up to 40% (new) or 30% (existing) of a home's value for eligible buyers.
Allows purchase with a minimum 2% deposit and avoids Lenders Mortgage Insurance (LMI).
Expanded in 2025 Budget ($6.3bn total): increased income caps (to $100k single / $160k joint) and property price caps significantly.
Targets 40,000 low-to-middle income homebuyers over four years (10,000 per year).
Cheaper medicines
Implemented major reforms making PBS medicines cheaper.
Cut the maximum general co-payment significantly (initially to $30, now frozen at $31.60; concession $7.70 frozen until 2029).
Introduced 60-day prescriptions for stable conditions, halving the cost per dispensed medicine for many.
Lowered PBS Safety Net thresholds, providing faster access to free or cheaper medicines.
Pledged further cut to maximum co-payment to $25 if re-elected (2025 Budget).
Back to back budget surpluses
Delivered Australia's first back-to-back budget surpluses since 2007-08 ($22.1bn in 2022-23, $15.8bn in 2023-24).
Achieved through spending restraint (returning 87% of revenue upgrades to budget) while providing cost-of-living relief.
Represents the largest consecutive surpluses on record and improved Australia's international fiscal ranking.
Contrasts with deficits under the previous government despite surplus promises.
15% payrise early childhood educators
Legislated a 15% wage increase for Early Childhood Education and Care (ECEC) workers ($3.6bn investment).
Increase is phased over two years (10% Dec 2024, +5% Dec 2025).
Funding for centres is tied to strict limits on fee increases, protecting families from cost pass-through.
Aims to recognise the value of the workforce while managing affordability.
Tax cuts for all aussie taxpayers
Restructured the Stage 3 tax cuts (effective July 1, 2024) to give all 13.6 million taxpayers a cut, prioritising low and middle-income earners.
Lowered the 19% rate to 16% and the 32.5% rate to 30%, while adjusting higher thresholds.
Provides greater relief for working families facing cost-of-living pressures compared to the original plan.
Increased the Medicare levy low-income thresholds.
Energy bill relief
Provided direct energy bill relief ($300 per household, up to $325 for small businesses) from July 2024.
Delivered as automatic quarterly credits ($75) on electricity bills.
Acknowledges this replaced the earlier $275 reduction promise due to changed global energy markets.
Promised further $150 relief in the 2025 Budget update.
Rent assistance boosts
Delivered consecutive increases to Commonwealth Rent Assistance (CRA) - 15% (Sept 2023) plus 10% (plus indexation).
Represents the first back-to-back CRA increase in over 30 years.
Total increase including indexation reached 45% since May 2022.
Provides direct support to nearly one million renting households facing rising costs.
Increasing childcare subsidies and Introducing the three day guarantee
Increased Child Care Subsidy rates (up to 90%) for over 1 million families (effective July 2023), significantly reducing out-of-pocket costs.
Legislated the '3 Day Guarantee' (effective Jan 2026), removing the activity test for the first 3 days (72 hours/fortnight) of subsidised care.
Ensures all children can access at least three days of affordable early education, benefiting over 100,000 families previously excluded.
Aims to improve affordability, accessibility, and participation in early learning.
Closing loopholes
Passed landmark 'Closing Loopholes' legislation (Acts 1 & 2) delivering significant workplace reforms.
Introduced key changes including the Right to Disconnect, minimum standards for Gig Economy workers, pathways from casual to permanent employment, and new standards for the Transport industry.
Strengthened protections against unfair contracts, sham contracting, and wage theft.
Aims to improve job security, work-life balance, and conditions for Australian workers.
Respect @ work
Implemented all 55 recommendations from the landmark Respect@Work report to combat workplace sexual harassment and discrimination.
Introduced a positive duty requiring employers to proactively prevent harassment and discrimination.
Strengthened the Sex Discrimination Act (e.g., banning hostile environments) and enhanced the Human Rights Commission's enforcement powers.
Made it easier to bring claims (lower threshold, longer timeframe) and extended protections to more worker types.
Complemented by Fair Work Act changes, including clarifying harassment as grounds for dismissal.
Rescuing bulk billing
Investment (tripling the bulk billing incentive) led to 6 million additional bulk-billed GP visits within approx. 1 year.
Successfully reversed the decline in bulk billing rates seen under the previous government.
Increased the national bulk billing rate (to 77.5%) with improvements across all states/territories.
Provided significant benefit to pensioners, concession card holders, children under 16, and regional communities.
The HAFF (Housing Australia Future Fund)
Established the $10 billion HAFF investment vehicle.
Uses investment returns (targeting $500m/year) to fund 30,000 new social and affordable homes over 5 years.
Includes dedicated funding streams for women fleeing violence, older women, remote Indigenous housing, crisis accommodation, and veterans.
Represents Australia's largest single investment in social and affordable housing; initial funding rounds are underway.
National housing accord
Agreement between all levels of government, institutional investors, and the construction sector.
Set a national target to build 1.2 million new well-located homes over 5 years (from July 2024).
Includes Commonwealth funding ($350m matched by states) for 20,000 affordable homes under the Accord.
Requires coordinated action on planning reform, land release, and streamlining approvals from governments.
Involves commitments from industry and investors to boost housing supply.
Social housing accelerator
$2 billion fund providing direct, rapid payments to states and territories (June 2023).
Aims to fast-track the delivery of approx. 4,000 new or refurbished social housing dwellings.
Requires states to commit funds by June 2025 to projects additional to their usual pipeline.
Progress reports show delivery is underway across most jurisdictions.
Building up our construction workforce
$90.6 million package (2024-25 Budget) to boost the construction workforce and address skills shortages.
Funds 20,000 additional Fee-Free TAFE places specifically for construction-related courses (including pre-apprenticeships).
Includes measures to streamline skills assessment and recognition for migrant construction workers.
Aims to support the delivery of the 1.2 million new homes target.
2bn for social + affordable housing (via NHFIC/Housing Australia)
Provided a $2 billion boost to the lending capacity of NHFIC (now Housing Australia).
Increased NHFIC's liability cap to $7.5 billion, allowing it to borrow more and provide cheaper, longer-term loans to Community Housing Providers.
Expected to finance approximately 7,000 additional social and affordable homes.
Expanded home guarantee scheme
Expanded the Home Guarantee Scheme, offering 50,000 places annually across First Home, Regional, and Family Home Guarantees.
Broadened eligibility to include permanent residents, friend/sibling joint applicants, single legal guardians, and those re-entering the market after 10 years.
Allows purchase with a 5% deposit (or 2% for Family Home Guarantee) without Lenders Mortgage Insurance.
Updated property price caps and regional eligibility rules.
National housing supply and affordability council
Established the Council as an independent statutory advisory body (operational Jan 2024).
Provides expert, independent advice and research to government on housing supply and affordability.
Composed of experts from across the housing spectrum (industry, community, academia etc.).
Aims to support evidence-based policy making for long-term housing challenges.
The HSP (Housing Support Program)
$1.5 billion program to help meet National Housing Accord targets.
Funds state/local governments to improve planning capacity (Stream 1).
Provides funding for local enabling infrastructure for new housing (Stream 2).
Includes a $1 billion 'Priority Works Stream' (Stream 3) for major enabling infrastructure or new social housing, with rapid delivery targets.
Aims to unlock housing supply by improving planning and funding necessary infrastructure.
The nashh (National Agreement on Social Housing and Homelessness)
New Agreement commenced July 2024.
Provides significant federal funding (~$1.8bn in 24-25) to states/territories for social housing and homelessness services.
Includes dedicated, matched funding ($400m Cth + $400m state) specifically for homelessness services.
Establishes a national framework requiring states to have strategies, report on outcomes, improve data, and partner with First Nations bodies.
New homes bonus
$3 billion 'New Home Bonus' incentive program for states and territories.
Provides $15,000 payment for each new home built above their agreed housing targets under the National Housing Accord.
Aims to incentivise faster planning and construction to help meet the 1.2 million homes target.
Rewards states based on performance in exceeding targets, not population.
Taxes on foreign investment
Significantly increased fees and penalties for foreign investors buying and holding existing residential property (tripled application fees, doubled vacancy fees).
Simultaneously cut application fees for new Build-to-Rent projects to incentivise new rental supply.
Strengthened ATO compliance to enforce rules.
Domestic violence housing
Committed $1 billion specifically for crisis and transitional accommodation.
Funding delivered via the National Housing Infrastructure Facility (NHIF) as grants (
300m).
Targets support for women and children experiencing domestic violence, and youth facing homelessness.
Funds new construction and building conversions.
Expanding build to rent
Passed legislation providing tax incentives for Build-to-Rent (BTR) developments to boost rental supply (~80,000 homes projected).
Requires eligible BTR projects to offer longer leases (min 5 yrs) and include an affordable rental component (10%) managed by Community Housing Providers.
Aims to increase supply of secure, long-term rental housing including affordable options.
National planning reform blueprint
Established a Blueprint agreed by National Cabinet outlining coordinated planning, zoning, and land release reforms across governments.
Aims to boost housing supply and affordability by promoting national consistency, aligning plans with housing targets, and streamlining approvals (especially for diverse/affordable housing).
FMIA (Future Made in Australia)
$22.7 billion plan aiming to make Australia a renewable energy superpower and boost sovereign manufacturing.
Includes major funding for ARENA (1bn), Battery Breakthrough (1.7bn).
Targets growth in priority sectors: renewable hydrogen, critical minerals, green metals, clean energy technology.