Overview

• The Coalition's election costings outline a $14 billion improvement to the budget bottom line over the next four years.
• Gross government debt is projected to decrease by $40 billion by 2028 under the plan, despite initial deficit increases in 2025-26 and 2026-27.
• Proposed measures include scrapping Labor's $10 billion Australia Future Fund, student debt relief, and superannuation tax concessions for high balances.
• The plan also involves reducing the Australian Public Service by 41,000 positions over five years through natural attrition and a hiring freeze.
• Labor has criticized the Coalition's costings, with Finance Minister Katy Gallagher labeling them a 'con job,' emphasizing their potential impact on households and essential programs.