AFFORDABLE HOUSING

Negative Gearing

- Claiming the losses and costs that come from holding an investment property if the rent wont cover it (eg. mortgage, renovation etc.) off taxable income.
Why this impacts you Labour Liberal Greens
It incentivizes investment in property which pushes up housing prices Plans to limit negative gearing to only new housing from 1 July 2017. Investments made before this date will not be affected. Will not remove or limit. Remove negative gearing for properties purchased on or after 1 July 2015. Investments made before this date will not be affected. It is estimated that this will increase revenue by $2.9 billion over the 2014-15 forward estimates, and $42.5 billion over the next decade.
Capital gaining - Capital gain = profit. Your primary residence is exempt from CGT, but an investment property isn’t. Currently you are entitled to a 50% discount off your yearly income tax if you have it for over 1yr. = it lowers your tax rate.
Why this impacts you Labour Liberal Greens
Same as above but also costs taxpayers lots! The CGT discount subsidy cost $4.2 billion in 2013-14 and is expected to reach $8.6b by 2018-19. Plans to halve the CGT discount for all assets purchased after 1 July 2017. Investments made before this date will not be affected. Will not change current policy Phase out the CGT discount by 10% each year from 1 July 2016 until there was no longer any discount from 1 July 2020.Use proceeds to boost affordable housing supply and provide accommodation for people experiencing homelessness

Health


Medicare

Why this impacts you Labour Liberal Greens
Will keep medicare. Accusing liberals of cuts to pathology services Not privatizing or outsourcing functions Dental for Medicare Mental health funding Extend Medicare

Drugs and addiction

Why this impacts you Labour Liberal Greens
Harm minimization - All Australians with a substance abuse problem should have access to a range of evidence-based and regularly evaluated treatment and recovery services. The individual use of illegal drugs should not fall within the criminal framework but will be seen as a health issue. Will extend the range of counselling and treatment programs covered by Medicare.

Asylum seekers

Why this impacts you Labour Liberal Greens
By 2025, Labor will increase Australia’s annual humanitarian intake to 27,000. Provide $450 million over three years to support the important work of the UNHCR. This funding commitment would place Australia in the top 5 of global contributors to the UNHCR. Will retain the option of turning boats around and keep capmps open in Papua New Guinea and Nauru. Aim for at least 50% renewable energy by 2030. In 2016, 13,750 places will be made available for resettlement in Australia rising to 18,750 in 2018/19. These places are going to those most in need around the world, not people arriving by boat.
Aim for 28% renewable energy by 2030. 		Raise Humanitarian Quota, end offshore processing, provide resettlement services. A permanent migration program for refugees and migrants to Australia that prioritises family reunion and facilitates migration or resettlement to Australia within a reasonable time. No family unit to be forcibly separated by Australian immigration assessment processes.

ENVIRONMENT / ANIMALS

Climate change

Why this impacts you Labour Liberal Greens
Early action to reduce greenhouse gas emissions will ultimately be fairer and more cost effective than delaying action. Aim for at least 50% renewable energy by 2030. Expand the investment mandate of the Clean Energy Finance Corporation; Provide $206.6m to ARENA to support a specific Concentrated Solar Thermal funding round; Establish a Community Power Network and Regional Hubs at a cost of $98.7m over four years; and Ensure the Commonwealth Government leads by example as a direct purchaser of renewable energy. $1 billion Clean Energy Innovation Fund. This Fund will target projects such as large-scale solar. We are investing $2.55 billion to incentivise business to reduce their emissions through our Emissions Reduction Fund. will continue to fight Labor’s plans to reintroduce a Carbon Tax at least 90% renewables by 2030 through a range of market-based and regulatory mechanisms including a strong, effective price on carbon. Binding national emission targets for each year through to 2050 supported by a detailed strategy to reduce emissions from all sectors. An Australian government investment policy that divests from all fossil fuel extraction and consumption.

Great barrier reef

Why this impacts you Labour Liberal Greens
Will spend $500 million over five years to improve water quality, land management and scientific monitoring at the reef. This includes $377 million in new funding, on top of funding already announced by the Turnbull government. $2 billion is being invested by Australian governments on projects that include improving water quality, reducing sediment and nitrogen run off, removing crown of thorns starfish and improving our scientific knowledge of the reef. ban the sale of cosmetic products tested on animals A cooperative national and international approach to the management of our marine environment is required to deliver clean and healthy oceans, integrated ecosystems and sustainable coastal communities. No whaling. Ever.

Animal testing

Why this impacts you Labour Liberal Greens
will move to ban animal testing for cosmetics in Australia $50 million commitment to plant 20 million trees by 2020, with almost 10 million trees already committed for planting over the next three years. An end to cruel or unnecessary use of animals for teaching and research purposes.

Nature protection

Why this impacts you Labour Liberal Greens
An accurate national labelling system for food, timber, paper and other products, identifying content derived from recent or ongoing habitat destruction or unsustainable fishing. A comprehensive, adequate and representative system of terrestrial, freshwater and marine protected areas, including all remaining areas of high conservation value, managed primarily to protect and restore biodiversity.

Animal cruelty

Why this impacts you Labour Liberal Greens
Establish an independent Inspector-General of Animal Welfare. They will be responsible for advising on the protection of animals in all Commonwealth-regulated activities, and will report directly to the Minister of the day on issues like live exports, animal welfare standards and guidelines. Regulates conditions for the captivity, transport and slaughter of animals An end to the export of live animals for consumptive purposes. An end to inhumane farming practices that are inconsistent with animals’ natural behavioural needs, and a phasing out of intensive farming practices in meat, dairy and egg production. The development of a comprehensive and enforceable Australian standard for free-range farming practices for all agricultural animals, which meets community expectations of the definition of “free range”.

Penalty rates

= increased rates of pay for working overtime or unsociable hours. (police officers, firefighters, paramedics, nurses, retail workers, hospitality workers, tourism etc)
Why this impacts you Labour Liberal Greens
Wants to crack down on tax avoidance and loopholes but doesn’t mention HOW

TAX

Multinational tax avoidance

Why this impacts you Labour Liberal Greens
Means tax responsibility left to rest of taxpayers. Would add a lot of revenue. Global regulation of international finance including a global agreement on corporate tax rates and the elimination of tax havens.

Income tax

Why this impacts you Labour Liberal Greens
Establish an Australian Building and Construction Commission (ABCC) to try to stop bullying, intimidation and lawlessness which are rife in the construction industry. strengthening the progressivity of the income tax and transfer system across all income levels including by reducing effective marginal tax rates for low income workers, and increasing the marginal tax rates on high income earners

EDUCATION

Education

Why this impacts you Labour Liberal Greens
fully fund the Gonski reforms and reverse the Government’s $29 billion cuts to schools. Provide long-term funding certainty so schools, principals and teachers can focus on improving outcomes for their students Establish a STEM teacher training fund to support 25,000 primary and secondary school teachers over five years to undertake professional development in STEM disciplines Encourage STEM graduates to teach, by offering 25,000 Teach STEM scholarships over five years, to address the shortage of qualified teachers. $73.6 billion over the next four years. This is an increase of 26%. School funding will continue to increase each and every year going forward. As part of this, the Government is providing an additional $1.2 billion between 2018 and 2020 for schools, contingent upon reform efforts by the States and the non-government schools sector to improve education outcomes.
  • Better teaching quality
  • More school autonomy
  • Engaging parents in education
Strengthening the curriculum. 		to take into account the resources of each individual school, a direct measure of parental socio-economic status, and the school's capacity to generate income from all sources, including fees and other contributions.

Apprentiships

Why this impacts you Labour Liberal Greens
The Coalition Government is supporting apprentices through Trade Support Loans – helping apprentices with the costs of living, tools and training through loans of up to $20,000 each. So far, over 40,000 loans have been taken up. To help match the right apprentice to the right apprenticeship and lift completion rates, the Government has established the Australian Apprenticeship Support Network, supported by $200 million of annual funding. This year the Government is supporting an estimated 68,000 employers with incentive payments to help businesses create opportunities for apprentices. $7 billion in the VET sector each year through funding and student loans. This includes $1.8 billion to the states and territories to support their training systems, including TAFE. Does not mention deregulation of university fees but does say “Australia has one of the most generous student loan schemes in the world, under which no domestic student has to pay up-front fees.”

Vocational education and training

Why this impacts you Labour Liberal Greens
Accusing the coalition of cutting university funding and deregulating fees A new Youth Jobs PaTH (Prepare-Trial-Hire) Programme that provides young Australians with intensive pre-employment skills training followed by an internship placement. Up to 30,000 job seekers each year will gain a four to twelve week placement in an industry of their choosing. And employers who hire an eligible young job seeker in an ongoing job will receive an accelerated wage subsidy of up to $10,000, paid over six months. A publicly owned and properly funded TAFE system plays an essential role in providing economic prosperity and a socially just society by offering lifelong educational opportunities and skills development to a broad range of our community.

Higher education

Why this impacts you Labour Liberal Greens
Free university

YOUTH UMEMPLOYMENT

Why this impacts you Labour Liberal Greens
$1.1 billion: Providing tax incentives to encourage investment in innovative start-ups so they can survive and thrive; Attracting more venture capital investment into high potential start-ups; Making it easier for aspiring entrepreneurs to access crowd-sourced equity funding; Helping small businesses attract world-class staff by improving employee share schemes; and Providing long-term funding certainty for cutting-edge, national research infrastructure.

INNOVATION AND SCIENCE

Why this impacts you Labour Liberal Greens
The National Innovation and Science Agenda will drive stronger university collaboration with industry through an additional $127 million in targeted research funding and new research impact measures. Cut the small business company tax rate to 27.5 per cent for small businesses with a turnover less than $10 million. Increase the unincorporated tax discount from 5 per cent to 8 per cent, capped at $1,000 for small businesses with a turnover less than $5 million. Extend access to the instant asset write off so that small businesses with a turnover less than $10 million can instantly deduct each and every asset under $20,000. Make life easier by simplifying Business Activity Statements (BAS), reducing reporting labels from seven to three. The company tax rate will be progressively lowered to 25 per cent by 2026-27 for all companies. More investment in R&D, support the CSIRO. Increased expenditure on public and private research and development in Australia to at least 3% of GDP. Prioritise funding for research into sustainable energy technologies with the aim of developing competitive energy technologies with zero carbon emissions. Science and technology - in particular information and communication technology - available to help maintain the viability of rural and remote communities.

SMALL BUSINESS

Why this impacts you Labour Liberal Greens
LABOR SAYS libs just given big business a $50 billion tax cut increasing the 32.5 per cent tax threshold from $80,000 to $87,000. This will stop around 500,000 taxpayers facing the 37 per cent marginal tax rate. will establish a Regional Investment Corporation to fast-track the delivery of $4.5 billion in Commonwealth drought and water infrastructure loans.“No longer will the Commonwealth have to barter with state governments to process drought and dairy concessional loans to help farmers,”will administer funds relating to drought concessional loans, the $2 billion National Water Infrastructure Loan Facility and loans already delivered under the drought, drought recovery and farm finance concessional loans schemes.

LAGE BUSINESS

Why this impacts you Labour Liberal Greens
Removing subsidies for the extraction and consumption of fossil fuels; Measures to reduce excessive executive salaries.

DOMESTIC BANKS

Australian Banks

Why this impacts you Labour Liberal Greens
Retail banking fees are generally regressive and should be as transparent and low as possible.

REGIONAL DEVELOPMENT AND DROUGHT

Why this impacts you Labour Liberal Greens
critical for Australia's ability to afford necessary infrastructure Previously abolished the Australian Building and Construction Commission (ABCC) To ensure that drought assistance and other incentives for land managers encourage long term risk reduction strategies.

CONSTRUCTION INDUSTRY

- The recent Royal Commission into Trade Union Governance and Corruption found a "widespread" and "deep-seated" culture of lawlessness. It concluded: "it is clear that in many parts of the world constituted by Australian trade union officials, there is room for louts, thugs, bullies, thieves, perjurers, those who threaten violence, errant fiduciaries and organisers of boycotts". The Royal Commission referred 93 individuals and entities for further investigation for breach of the civil or criminal law, but conceded "it would be utterly naive to think that what has been uncovered is anything other than the small tip of an enormous iceberg". The Coalition's Registered Organisations Bill will restore honesty and fairness to the workplace relations system. It will strengthen existing financial accounting, disclosure and transparency obligations and establish the Registered Organisations Commission - a new, independent regulator with increased powers to monitor and regulate registered organisations. This will ensure union members can be confident their membership fees are being spent lawfully and in their interests.
Why this impacts you Labour Liberal Greens

DEFENCE

Why this impacts you Labour Liberal Greens
will increase Defence funding by $29.9 billion over the next ten years and deliver on our 2013 election commitment to return Defence spending to 2 per cent of GDP within the decade. funding for our law enforcement, intelligence and security agencies by $1.3 billion since August 2014. The Government is increasing its investment in Countering Violent Extremism programs, to protect young people from the risk of online engagement with violent extremists. also contributing to the global fight against terrorism, through Australia's military operations in Afghanistan, Iraq and Syria. $50 billion in Australia's land infrastructure. $3.2 billion over the next four years and $500 million has been allocated to fix road black spots, along with $300 million for the Bridges Renewal Programme.

Terrorism

Why this impacts you Labour Liberal Greens

INFRASTRUCTURE

Why this impacts you Labour Liberal Greens
Greater incentives for superannuation funds to invest in public infrastructure. High quality rail corridors between major cities and regional centres, to support fast and efficient freight and passenger services, including east coast high speed rail. Australian ports and coastal shipping to operate in the public interest, and to ensure environmental and social sustainability of our coastal regions. Partnerships between Federal, State and Local Government to plan and deliver sustainable transport initiatives and infrastructure.

NATIONAL BORACBAND NETWORK(NBN)

Why this impacts you Labour Liberal Greens
high-speed broadband to all Australian homes and businesses by 2020. By completion, every user will have broadband speeds 4 to 10 times faster than today's average. The most recent nbn Corporate Plan estimates that reverting to Labor's all-fibre plan would require peak funding of between $74 billion and $84 billion, and the rollout could not be completed until at least 2026 and possibly as late as 2028. The Coalition's nbn plan requires peak funding of approximately $49 billion and will be finished by 2020. NBN to focus on 'fibre to the premises' infrastructure rather than 'fibre to the node', in order to ensure effective investment of resources in a long-lasting advanced telecommunications system for the benefit of all residents.

ABORIGINAL AFFAIRS

Why this impacts you Labour Liberal Greens
Compensate Stolen Generation. End the NT intervention. Achieve a treaty or treaties and Constitutional Recognition of Aboriginal and Torres Strait Islander Peoples.

WOMEN

Domestic and family violence

Why this impacts you Labour Liberal Greens

Women

Why this impacts you Labour Liberal Greens
100 million in new funding over three years to implement the Third Action Plan of the National Plan to Reduce Violence against Women and their Children 2010 - 2022. A simpler, more transparent superannuation system with fairer rates of taxation and ethical investment structures, which provides equitable retirement incomes, particularly for women. The elimination of the gender pay gap.

FAMILIES

Parental leave

Why this impacts you Labour Liberal Greens
An enhanced national paid parental leave scheme.

Childcare

Why this impacts you Labour Liberal Greens
more than $3 billion in a new Jobs for Families child care package to make child care simpler, more affordable and more accessible for almost one million Australian families. Also ensuring all Australian children can receive 15 hours of preschool a week in the year before school (and exempting these 600 hours a year from the child care activity test). Affordable childcare Workplace-provided care Fair wages for carers Accessible high-quality early childhood education

POLITICAL PROCESSES

Why this impacts you Labour Liberal Greens
bans on political donations from for-profit corporations; Truth in political ads. use 21st century technology to distribute power. Truth in political advertising laws to be legislated and an independent authority to investigate complaints.

UNBIAS MEDIA

Why this impacts you Labour Liberal Greens
Strong, independent public and community media are an essential part of Australia's media sector.

Mining

Why this impacts you Labour Liberal Greens
No new coal mines or unconventional gas including coal seam gas. The prohibition of both new coal mines and the expansion of existing mines. The cessation of all existing underground coal gasification projects.

The Elderly

Why this impacts you Labour Liberal Greens
Dignity and choice

International Affairs

Why this impacts you Labour Liberal Greens
minimum of 0.7% GDP aid funding, reintroduction of AusAID, getting put of Afghanistan, a vote before war, the elimination of weapons of mass destruction. The reorientation of Australia's approach to international food trade to ensure it does not undermine food security or sovereignty domestically or internationally, compromise our biosecurity, or undermine the prosperity and sustainability of farming systems and communities. To ensure that the Foreign Investment Review Board rigorously regulates, monitors and reports on all foreign acquisition and ownership of agricultural land, to ensure that it does not impact negatively on Australian agriculture and food security.

Equality

Why this impacts you Labour Liberal Greens
Marriage equality, equal right to parent, identity recognition, accessible and inclusive services. The removal of religious exemptions from anti-discrimination laws.