Cost Of Living Support
Our number one focus is helping you with the cost of living.
The re-elected Albanese Labor Government is delivering:
- 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 first 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.

