Policy library
Starting points, not recommendations. Each scenario opens in the workspace where you can change any lever, any assumption and the horizon before drawing a conclusion.
Monetary policy
RBA raises rates 25bp
A single standard tightening step.
RBA raises rates 50bp
Two standard steps — the brief's reference scenario.
Immigration
Migration +100,000 a year
Net overseas migration rises from 260k to 360k.
Housing policy
Build 100,000 extra homes
Dwelling approvals lift from 178k to 278k a year.
$10bn a year for public housing
Social and community housing investment rises from $3bn to $13bn a year.
Restrict negative gearing
Rental losses quarantined against rental income, with the CGT discount cut to 25%.
First home buyer grant +$20,000
Average grant rises from $12,000 to $32,000.
Planning reform package
Approval throughput up 30% and zoning capacity up 40%.
Combined housing package
Build more, invest publicly, reform planning, restrict investor tax concessions and moderate migration.
Taxation
Income tax cut
The effective average income tax rate falls by one point — roughly $20bn a year.
Raise the GST to 12.5%
A 2.5 point rise in the GST rate.
Labour
Social policy
Increase JobSeeker 25%
Unemployment income support rises by a quarter.
Near-universal childcare subsidy
The average subsidy rate rises from 62% to 90%.
Health
Education
Fiscal policy
Defence to 2.8% of GDP
Defence expenditure rises from $58bn to $80bn a year.
Cost-of-living package
Tax cut, energy relief, rent assistance and a childcare subsidy increase.
Infrastructure
Energy
Carbon price at $50/tonne
An economy-wide price on emissions, revenue shown gross.