Coalition says budget would be $10bn better off than under Labor in election policy costings preview
theguardian.comPublished: 4/30/2025
Summary
The Coalition has unveiled its detailed election policy costs just two days before the election, revealing plans to save $10 billion and reduce debt by $40 billion over four years compared to Labor's program. Key measures include halving fuel excise, offering up to $1,200 in one-time tax cuts for workers costing $10bn, boosting defense spending by $21bn, and proposing changes to Medicare bulk-billing rates. Opposition criticism includes claims the Coalition is avoiding transparency over its budget cuts, with Labor's leader accusing them of not revealing costs to fund their nuclear reactors or Medicare issues.