LABOR POLICIES TO BE IMPLEMENTED IN SECOND ALBANESE TERM

* HECS debts will be cut by 20 per cent for those with student loans. Prime Minister Anthony Albanese flagged this as the first piece of legislation that will be introduced when parliament resumes

* Bulk-billing will be expanded to 90 per cent by 2030 with an extra $8.5 billion to be spent on a boost to Medicare

* A further 50 Medicare urgent care clinics will be build across the country, along with a 24/7 telehealth service

* Tax cuts of up to $268 will be rolled out from July 2026, with a further cut of $536 in July 2027 and every financial year after that

* Taxpayers will receive an instant $1000 deduction when they complete their tax return

* A scheme allowing a five per cent deposit to first-home buyers will be expanded to all people looking to buy their first property

* Labor has promised to build 100,000 homes solely for the purchase of first-home buyers

* Non-compete clauses will be banned for workers changing jobs if they earn less than $175,000 a year

* Households will get a 30 per cent discount to install electric batteries from July 2025

* The Albanese government has promised to set up a national environment protection agency, after plans were stalled in his first parliament

* Work will be done to bring the port of Darwin back to Australian ownership, after it was leased to China

* A critical minerals strategic reserve will be set up to stockpile mining materials to trade on global markets

 

Andrew Brown
(Australian Associated Press)