More cost of living help for every household and tax cuts for every taxpayer.
Easing cost-of-living pressures
Tax cuts for every Australian taxpayer
Labor's bigger and fairer tax cuts are helping Australians keep more of what they earn. So no-one gets left behind.
Tax cuts have already been rolled out to every taxpayer, with another two tax cuts coming in 2026 and 2027. And from 2026 all workers will receive a minimum annual tax deduction of $1,000.
Cheaper Home Batteries
The government's Cheaper Home Batteries Program is now available to help more people install batteries into their homes and cut energy prices.
Australia is a world leader in rooftop solar with more than 4 million systems installed. However, only 1 in 40 households have installed batteries. The high upfront cost of batteries meant installing batteries was out of reach for many people.
Australian households, businesses and community organisations can now get a discount on the upfront cost of installing small-scale battery systems (5 kWh to 100 kWh).
Medicare GP bulk billing and urgent care clinics
Labor is continuing to invest in Medicare so everyone will be able to see a GP for free. The government is also delivering more doctors and nurses into Medicare, with nursing scholarships and the largest GP training program in Australian history.
For the first time ever, on 1 November 2025, the bulk billing incentive will be expanded to all Australians. With a new incentive payment for practices that bulk bill every patient.
This will mean 9 out of 10 GP visits to be bulk billed by 2030, boosting the number of fully bulk billed practices to around 4,800 nationally – triple the current number.
Local Medicare urgent care clinics (including Dandenong and Narre Warren) are open late 7 days a week, completely free of charge.
Cheaper medicines
The Albanese government is making cheaper medicines even cheaper. New laws mean that the maximum cost for a Pharmaceutical Benefits Scheme (PBS) prescription will be reduced to $25 from 1 January. And the maximum cost for pensioners is frozen at $7.70 until the end of 2029.
This further reduction in medicine costs comes on top of the largest cut to the cost of medicines in the history of the PBS in 2023.
Free TAFE
The Albanese government has passed legislation to make Fee-Free TAFE permanent to ensure Australians can continue to get the training they need for good, secure jobs.
Cut student debt
Labor's has wiped $3 billion in student debt and fixed the way indexation is calculated on student debt, to help with the cost of degrees and the cost of living.
Cheaper child care
Labor's cheaper child care reforms have helped more than one million families with the cost of living. Cheaper child care is providing working families with more choice and helping children to access quality early childhood education and care.
The Albanese government has also guaranteed eligibility for 3 days of subsidised child care a week for children who need it, and will build more child care centres across Australia.
Wage increases
With Labor, wages are growing again. So Australians are keeping more of what they earn.
Not only have we seen consecutive pay rises for Australian workers on awards, Labor has delivered pay rises for aged care and early childhood education and care workers.
The government has passed new laws to protect penalty and overtime rates of the 2.6 million Australians who work public holidays, weekends, late nights and early mornings.
Superannuation has been increased to 12% since 1 July 2025. And super will be added to government paid parental leave.