Factbox-Policies of Australia’s Political Parties at a Glance | World News

SYDNEY (Reuters) – Australia’s political parties are in the final stages of campaigning ahead of a general election on Saturday.

Polls indicate a close result, with the opposition Labor party slightly ahead of the ruling conservative Liberal-National coalition.

Below are comparisons of key policies taken mainly from campaign programs and pre-election announcements.

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Liberal-National coalition

* Allow first-home buyers to withdraw up to 40% of their superannuation balance, up to a maximum of A $ 50,000 ($ 35,000), for a mortgage deposit. They must return the amount withdrawn, plus or minus any capital gain or loss, when they sell the property.

* Equity contribution of up to 40% of the cost of a new home, and 30% for an existing home. Qualification based on income and caps on property value based on location. Homeowners can buy out government contribution over time.


Liberal-National coalition

* Promised a federal integrity body at 2019 election, drafted but did not introduce legislation to parliament.

* Prime Minister Scott Morrison has said he will not revisit the plan because it was rejected, dismisses existing state integrity bodies as “kangaroo courts” designed to shame.

* Committed to setting up an independent National Anti-Corruption Commission by the end of 2022.

* Would have powers to investigate allegations of corruption at all levels by federal employees and agencies; would ultimately make recommendations to law enforcement bodies rather than findings of criminal liability.

Liberal-National coalition

* Says it will stand up for Australia in relationship with China; seeks to diversify trade flows.

* Acquisition of nuclear-powered submarines under AUKUS security partnership with US and Britain.

* Work with “like-minded partners” in the region through Quad (US, Japan, India), ASEAN and Pacific family.

* Alliance with United States, regional partnerships and multilateral groups (including support for AUKUS, Quad) are the three pillars of foreign policy. Increased climate change focus.

* Consistency with current China policy.

* Enhanced diplomacy in Pacific islands region to include leadership on climate change, soft power outreach using national broadcaster, as well as defense and security cooperation.


Liberal-National coalition

* A $ 2.5 billion in funding over the first five years of the next national plan to end violence against women and children.

* Enhance paid parental leave, to continue to drive down the gender pay gap and drive up women’s workforce participation.

* A $ 1.6 billion to build 4,000 new homes mostly for women and children fleeing domestic violence.

* Legislate 10 days of paid family and domestic violence leave; establish a new family, domestic and sexual violence commissioner.

Liberal-National coalition

* Plans to establish grassroot support for indigenous representation in parliament through legislation, does not plan a referendum to constitutionally enshrine an indigenous voice to parliament.

* Committed A $ 1 billion in targeted investment this year as part of ‘Closing the Gap’ plans.

* Committed to implement the Uluru Statement in full, including holding a referendum to constitutionally enshrine an Indigenous ‘Voice to Parliament’ in the first term.

* Plans to improve housing in remote Indigenous communities, and to invest in First Nations management of land and waters.

($ 1 = 1,4292 Australian dollars)

(Reporting by Australian Bureau; Editing by Lincoln Feast.)

Copyright 2022 Thomson Reuters.


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