Could you afford 3 more years of Labor?

The facts on Labor's record

Labor's term in government has been marked by broken promises, bad decisions and the wrong priorities. And, as a result, Australians are paying more.
Labor has failed you on:
The Economy
Under Labor, Australia has had the biggest fall in disposable income (living standards) in the developed world.

Australia has recorded the longest per-capita recession on record.
Learn more about the economy
Money in wallet
Labor has failed you on:
Inflation
Under Labor, Australia’s inflation has been consistently higher than other advanced economies. Australians are paying higher prices, higher taxes and higher mortgage repayments because of Labor’s homegrown inflation.
Learn more about inflation
Groceries in trolley
Labor has failed you on:
Housing
Under Labor, the dream of home ownership is becoming out of reach for too many Australians.
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Interest rates are close to their highest level since 2011. They have risen 12 times under Labor and fallen only once.
Learn more about housing
Woman looking at bill
Labor has failed you on:
Energy
Labor’s ‘renewables only’ policy continues to drive-up power prices.

Electricity and gas prices have gone up by over 32 per cent (without rebates) and 34 per cent respectively (as at January 2025).
Learn more about energy
Coins stacked in front of light bulb
Labor has failed you on:
Security
Labor is making cuts to defence and national security, making costly mistakes with border security and failing to provide leadership when it comes to community safety.
Learn more about security
Figure in shadows

What others are saying

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... underlying inflation is still too high. The cash rate will stay restrictive until the Board is confident that inflation is moving sustainably to the middle of our 2–3 per cent target range (expected to reach 2.5 per cent by late 2026.)
Reserve Bank of Australia
Statement on Monetary Policy, 5 Nov 2024
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The Government has had 2.5 years to address our inflation crisis and, much worse than having done nothing, took decisions that made it worse. They are now feeling the political consequences of pro-cyclical economic policy, and have time left before the election only for gimmicks.
Steven Hamilton
Assistant Professor of Economics, George Washington University, X (Twitter), 3 Oct 2024
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The RBA on Tuesday released analysis showing that Australia’s underlying inflation rate was the second highest among major advanced economies. Only the UK had stronger inflationary pressures.
Australian Financial Review
6 Nov 2024
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The fundamental problem here is that we haven't been building enough housing for our population, and that's what's driving both of those particular events with rents and housing prices.
Michele Bullock, RBA Governor
5 Nov 2024
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Australia’s current energy policies and plans are a recipe for triple failure: rising costs, falling reliability and growing environmental footprints.
Geoff Bongers and Stephen Wilson
Adjunct Professors at University of Queensland, SMH, 3 Apr 2024
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Our defence force is significantly weaker than when Labor came into office... The Albanese Government is all tactics and no strategy.
Greg Sheridan
Foreign Editor, The Australian, 7 Sept 2024
Labor Failures
EconomyInflationHousing
EnergySecurity
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Authorised by A. Hirst, Liberal, Canberra.