Inflation is lower, interest rates have started to come down and cost of living pressures are easing, but many Australians are still under pressure. Our number one focus is helping you with the cost of living.

A re-elected Albanese Labor Government will deliver:

• Tax cuts for every Australian taxpayer.
• Energy bill relief to the end of the 2025 calendar year for every Australian household and around one million small businesses. Every household will receive $75 every quarter until 31 December 2025.
• Action to prevent energy retailers from automatically rolling over contracts to higher cost deals.
• Ban on most non-compete clauses.
• $2.6 billion to increase award wages of aged care nurses from 1 March 2025.
• Even cheaper medicines – cutting cost of PBS medicines to only $25.
• $1.8 billion to list new medicines on the PBS.
• Largest boost to bulk billing in the history of Medicare, which will make 9 out 10 GP visits bulk billed by 2030.
• 20% cut to student debt and making the HECS repayment system fairer.
• Historic wage increases for early childhood education and care workers.
• Expansion of Paid Parental Leave to 26 weeks by 2026.
• Superannuation on government Paid Parental Leave.
• A fair go for families by banning supermarket price gouging.
• Increase to the Medicare levy low-income thresholds by 4.7% for singles, families, and seniors and pensioners from 1 July 2025. This means more than one million Australians on lower incomes will continue to be exempt from paying the Medicare levy or continue to pay a reduced levy rate.
• Boosted funding to the ACCC by $38.8 million to crack down on misleading and deceptive pricing practices and unconscionable conduct in the supermarket and retail sector.
• Action to tackle unfair excessive card surcharges to help consumers get a better deal at the checkout.
• $6.7 million to extend the operation of the National Anti-Scam Centre.
• $1,000 instant tax deduction, allowing taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

Since we were elected in 2022, the Albanese Labor Government has:

• Backed annual wage increases for low-paid workers in each of the last three Annual Wage Reviews. Since being elected, the National Minimum Wage has increased by almost $7,500 per year under Labor.
• Legislated that the Fair Work Commission must consider gender equality as an objective in decision making.
• Delivered pay rises for aged care workers.
• Delivered pay rises for early childhood education and care workers.
• Made the Food and Grocery Code of Conduct mandatory.
• Introduced multi-million-dollar penalties for breaches of the Food and Grocery Code of Conduct by supermarkets.
• $180 million in anti-scam initiatives, which has seen annual scam losses in Australia decrease by over $1 billion since 2022.
• Free broadband for 30,000 families.
• Cheaper childcare for one million families.