Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 23-May-16

The Federal Opposition estimates that its proposal to abolish the pharmaceutical co-payment will cost nearly $A1bn over four years. The co-payment was outlined in the Australian Government’s 2014 Budget but has been stalled in the Senate. The Opposition has now announced some $A8bn worth of election promises in the areas of health and education. Prime Minister Malcolm Turnbull has called on Opposition Leader Bill Shorten to outline how the Australian Labor Party will fund its spending promises, arguing that it cannot do so without tax increases.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. PARLIAMENTARY BUDGET OFFICE, AUSTRALIA. DEPT OF THE TREASURY