Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 10 : 10-May-19

Labor will release the Parliamentary Budget Office’s costings of its election policies on 10 May. The costings show that Labor is projected to deliver a Budget surplus equivalent to one per cent of GDP in 2022-23. In contrast, the Coalition expects to post a surplus in 2022-23 that is just 0.4 per cent of GDP. Meanwhile, Labor’s proposed tax reforms are slated to raise $154bn over 10 years. The costings also show that a Labor government would deliver total tax cuts over the next decade that are similar to those that have been budgeted by the Coalition.

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