Coalition's $31 billion spending cuts target climate, housing and welfare
Opposition's costed policy would cut $31 billion from Labor initiatives over four years.
The Coalition has released partial costings for spending cuts it says would save $31 billion over four years. More than half the savings come from scrapping climate policies, including the EV discount, home battery subsidies and renewable energy funding.
The Coalition would cut $4.7 billion from housing programs. This includes the first home buyer scheme Help to Buy and social housing funding.
The package removes welfare and NDIS access from permanent residents, saving $2 billion. Opposition Leader Angus Taylor says the savings would fund tax cuts.
He says it shows Labor is spending too much. The costings are incomplete.
They focus mostly on spending. They ignore the costs of migration cuts and scrapping Labor's tax changes.
- $31.3 billion over four years
- Total cuts
- $16.7 billion
- Climate cuts
- $4.7 billion
- Housing cuts
- $2 billion
- Welfare and NDIS cuts
Why it mattersThe plan shapes what an opposition government would focus on: lower spending, tax cuts, and fewer welfare supports for non-citizens.
AustraliaIf elected, the Coalition would reshape climate and housing support and cut welfare for permanent residents and some non-citizens.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
Open this story in InSnip →
