What it means for your day-to-day life if PM Scott Morrison wins the election

As the election date looms, here’s what a Coalition victory – and three more years of Scott Morrison – will really mean for your family.

As Aussies prepare to head to the polls once again, Prime Minister Scott Morrison will be hoping the Coalition’s election platform and track record will be enough to secure another.

A major focus for the Morrison Government is its economic recovery plan, which includes tax relief, business incentives to encourage investment, new apprenticeships and training places to get more Aussies in work, a $110 billion infrastructure pipeline and record funding to guarantee essential services.

But what exactly will life be like if the 53-year-old wins in May?

Here’s what a Coalition win would really mean for you and your family.

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Child care

This financial year, the government is providing $9 billion in Child Care Subsidy, which is aimed at making child care more accessible and affordable.

The child care system is targeted, with those who earn the least receiving the highest level of subsidy – 85 per cent, in fact.

The Coalition has announced an additional $40 million in funding over the next four years for preschoolers, with children across all states and territories able to access 15 hours of preschool per week, worth $1340 per child.

Families

Another term with the Coalition in power would be good news for those starting a family, with the government changing the rules to allow new mums and dads to access a combined 20 weeks of paid parental leave under a major overhaul of the scheme designed to offer greater flexibility for young families.

Prime Minister Scott Morrison will be hoping his economic recovery plan lures voters. Picture: NCA NewsWire/Christian Gilles

Tax cuts

As cost of living pressures continue to bite, 10 million workers will score a tax cut worth $420 later this year, with the government increasing the existing low and middle tax offset from its previous rate of $1080 to a maximum of $1500 to be delivered as a tax refund after June 30.

Work and training

The Coalition also plans to boost jobs and training, pledging $1.2 billion to expand the Transition to Work employment service for disadvantaged youth and investing $46.8 million over four years to ReBoot, a new pre-employment program targeting 5000 young people aged between 15 and 24.

The government will also support an extra 35,000 people into a job via apprenticeships and traineeships through a $465.3 million funding announcement.

The recent budget also doubles the government’s commitment to the JobTrainer Fund, by supporting more than 450,000 new training places.

The government plans to boost jobs and training. Picture: iStock

Cutting power bills

A big focus this time around is cutting power bills, with the government vowing to ban late penalty payments, which it claims could save residential customers up to $185 a year and small businesses up to $845 per year.

The Coalition has also pledged to implement “big stick legislation” to require big energy companies to put their customers first and pass on savings, and to establish a price safety net through the default market offer, which removes the “loyalty tax” on those who don’t have time to shop around.

Finally, the LNP has promised to set up a reference price to make it simpler and easier for consumers to understand and compare deals and offers from energy retailers.

The Coalition wants to slash power bills. Picture: iStock

First home buyers

To help more young people break into the property market, the Morrison Government is expanding its First Home Super Saver Scheme by increasing the amount that can be saved for a home deposit through the scheme from $30,000 to $50,000.

The Government is also helping first home buyers through the First Home Loan Deposit Scheme, by helping another 10,000 first home buyers buy a home with a 5 per cent deposit, the New Home Guarantee, by helping 10,000 people build or buy a new home with a 5 per cent deposit, and the Family Home Guarantee, by helping 10,000 single parents purchase a home with a 2 per cent deposit.

Mental health

The government has earmarked $6.5 billion for mental health support this year, including funding for critical front line services and suicide prevention.

Originally published as What it means for your day-to-day life if PM Scott Morrison wins the election