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Labor has the chance to do something big in its second term. What policy reforms should it take on?

  • Following a decisive win in the 2025 federal election, Prime Minister Anthony Albanese will begin a second term heading a majority Labor government.
  • The government’s agenda builds on cost-of-living relief, expanded health services, emissions reduction, and housing reform introduced amid ongoing economic and social challenges.
  • Key initiatives include a $1 billion boost to youth mental health centres, extending the energy bill rebate to save $150 per household, legislated vehicle emission standards from July 2025, and building 100,000 affordable homes for first-time buyers.
  • Labor plans to cut student loan debts by 20% starting in June 2025, which will erase $16 billion in debt and assist about 3 million Australians. The party will also invest $644 million to increase the number of urgent care clinics offering Medicare services by 50, raising the total to 137, and keep the Pharmaceutical Benefits Scheme cap on medicines at $25 per prescription.
  • These policies aim to ease cost pressures, improve health access, reduce emissions by 43% by 2030, and address housing affordability, signaling a broad reform agenda over the government’s second term.
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Bias Distribution

  • 43% of the sources lean Left, 43% of the sources lean Right
43% Right
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The West Australian broke the news in Australia on Saturday, May 3, 2025.
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