Labor’s fiscal plan is designed to support growth in the near term, and unleash our economic potential over the medium term. Labor’s plan will strengthen the budget over the medium term, through fair and responsible savings that steadily and permanently improve the budget bottom line. During this term in Opposition, Labor has proposed important structural expenditure reductions to the budget in areas such as the VET-FEE HELP program, reforms to private health insurance and better targeting family payments.
for economic orthodoxy, for example reduction of budget deficits, thrift or a strong currency