Labor has responded to the federal budget by pledging $20 billion in loans or equity to rebuild the electricity transmission network using local workers and materials, and $6.2 billion in spending to remove caps and increase rebates for childcare.
It has also established a near-term goal to subsidise 90 per cent of the cost of childcare for all families, regardless of income.
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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com