April 27, 2025 • 16 mins
It's finally election week! Yes, we are now less than a week out from the election, when more than 18 million Australians are due to vote for who will form the country’s next government.
On today’s episode, we are going to break down who the major parties in Australia are.
First, we're exploring what the Coalition is, and what the Liberal Party and National Party stand for. Then we move to who the Labor Party is.
Hosts: Billi FitzSimons and Zara Seidler
Producer: Orla Maher
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Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Already and this is the Daily This is the Daily OS.
Oh now it makes sense. Good morning and welcome to
the Daily OS. It's Monday, the twenty eighth of April.
I'm Billy fitz.
Speaker 2 (00:19):
Simon's I'm Zara Seidler.
Speaker 1 (00:21):
Well, we are now less than a week out from
the election, when more than eighteen million Australians are due
to vote for who will form the country's next government
and who will be the next Prime Minister. On today's episode,
we're going to break down who the major parties in
Australia are. Now. All your life, you've probably been hearing
about the Labor Party and the Coalition, But if you've
(00:43):
never stopped to do a deep dive on either of
those parties, then this podcast is for you.
Speaker 2 (00:52):
Billy, I always like the opportunity to just step back
and explain the basics that really sits behind our political system.
It's something that we take for granted, this idea that
we all know everything, but it is really important to
explain the basic So how does how Australian political still work?
Just a small question to start with.
Speaker 1 (01:12):
Okay, So, Australia's political landscape is often described as a
two party system, and that's because we do have two
major parties or two major groups who tend to get
the majority of votes and who tend to make up
most of the spots in parliament, and that's the Labor
Party and the Coalition. Now, for several decades it's been
(01:32):
either the Labor Party or the Coalition who have been
in government with the other in opposition. So there's always
one party that's in government and one party who's in opposition,
and their job in opposition is kind of to hold
the government of the day to account. Now, Labor is
one single party, but unlike Labor, the Coalition isn't actually
a single party. It's two or actually it's more than two,
(01:56):
but mainly it's two.
Speaker 2 (01:58):
Let's not get bogged down in this scifully here, but yes,
it is a coalition of multiple players here. And so
let's start with the coalition. How do they bill themselves?
What are they about?
Speaker 1 (02:09):
So the coalition is a formal alliance between the Liberal
Party and the National Party. And then like I kind
of just said, there are a few other very small parties,
but they kind of do.
Speaker 2 (02:20):
Full undersidiaries of exactly National.
Speaker 1 (02:22):
Exactly, and so they join forces to govern together. If
they win enough seats collectively in the House of Representatives. Now,
since twenty twenty two, the Coalition has been in opposition,
but before that they were actually in government for nearly
a decade. You might remember some of the prime ministers
of that time. We had Tony Abbott, we had Malcolm Turnbull,
(02:44):
and then we had Scott Morrison, which I'm sure many
of our listeners, our younger listeners will remember, maybe Scott
Morrison more than the previous two. And then right before that,
if we're going back to you know, the early two thousands,
we had John Howard. So those are some of the
fame Coalition prime ministers.
Speaker 2 (03:02):
Yep.
Speaker 1 (03:02):
And important to say that when the Coalition is in government,
it's the leader of the Liberal Party who becomes the
prime minister, and then it's the leader of the National
Party who becomes the deputy prime minister. Now, deputy prime
ministers definitely don't have the same high profile as prime ministers,
but one deputy prime minister that you might be familiar
(03:22):
with was Barnaby Joyce. He definitely had maybe a higher
profile than some of the previous ones.
Speaker 2 (03:27):
Definitely. Okay, So this coalition is made up of the
Liberal Party, and of the nationals, starting first with the
Liberal Party. What do they stand for?
Speaker 1 (03:37):
Yeah, so the Liberal Party is usually considered to be
on the right side of the political spectrum.
Speaker 2 (03:42):
I want to stop you there, because you and I
often do panels where we explain the basics of politics,
and this idea of the left and the right can
be quite an abstract term for a lot of people.
What do you mean by the right?
Speaker 1 (03:54):
I vividly remember in year ten my history teacher throwing
out the schedule for that day and saying, today I
am teaching you the difference between the left and the
right in politics. It was amazing And to the same
it's the like only class I remember, no, but it's
like it was just the most amazing lesson. So for
anyone who didn't have mister Muir as a history teacher,
(04:17):
you're right that it's something that we always hear about
but is never quite explained to us. So it's a
common way to define political parties as existing on this
kind of spectrum between the left and the right, and
the left is considered to be more socially progressive, and
it tends to favor the government playing a more active
role in our lives. And then the right is the opposite,
(04:39):
so they favor the government playing less of a role
in our lives and kind of government exactly, and that
is what the Liberal Party is usually considered to be.
It's considered to be more right of center, although important
to note that, especially in Australia, both of the major
parties are quite center. But then Liberal Party a little
bit more to the right, the Labor Party a little
(05:01):
bit more to the left. Back to the Liberal Party.
So they position themselves as the party of business, and
they tend to push for economic changes that benefit businesses
and their owners. And like I just said, they tend
to believe that the government should have minimal interference in
our daily lives, prioritizing kind of individual freedom and responsibility.
(05:24):
And it also tends to be more socially conservative than Labor.
Speaker 2 (05:28):
Okay, So when we talk about the Liberal Party, an
easy way to think about it is small government, like
market running itself and tends to be a bit more
socially conservative than what we see from the Labor Party.
Speaker 1 (05:41):
And when you say market economic market.
Speaker 2 (05:43):
Yeah, correct, So then that's the Liberal Party. They're in
coalition with the Nationals. Tell me about the Nationals.
Speaker 1 (05:49):
So the National Party is traditionally the party for regional Australia.
I'm pretty sure all of their seats that they hold
in the House of Representatives are in regional or rural
parts of Australia, and that's because it has a particular
focus on agricultural and mining industries. And if we go
back to that spectrum that we were just talking about,
(06:09):
they tend to be considered further to the right than
the Liberal Party, especially on social issues and also on
environmental issues.
Speaker 2 (06:18):
Yeah, and so it's that very interesting balance that the
coalition has to get right, which is that the Nationals
do tend to sit differently on the spectrum to certainly
some parts of the Liberal Party. But because they govern together,
they have to reach this compromise and they have to
have a party position as the coalition. So what are
(06:40):
some of the key policies that the coalition has put
forward with this federal election coming up? Okay?
Speaker 1 (06:46):
I would say that there are two big things that
they are focusing on. The first is cost of living,
and I'd say they're kind of focusing on that through
two main ways. The first is through their fuel EXI
So you might not know that every single time you
fill up your car or fill up your motorbike, you
are paying fifty cents per litera in tax on the
(07:07):
price of petrol. Now, what the Coalition wants to do
if they get into government is have that to be
twenty five cents. So in effect, that would mean that
your petrol is twenty five cents cheaper per liter that
you fill up. So that's the first way that they're
trying to address cost of living. And then the second
way is through housing. They talk a lot about trying
(07:29):
to help first home buyers get into the market, and
they have a range of different policies to do that.
I think a key one is that they want to
help first home buyers access up to fifty thousand dollars
of their superannuation to help them buy a home. And
then if you did that, so if you access fifty
thousand dollars of your superannuation, you would then need to
(07:49):
put that money back if you were then to sell
the house that you bought with that money. Does that
make sense?
Speaker 2 (07:55):
Yeah, makes sense, And so that's their kind of central
housing proposition or a way to get new home buyers
into the market. But then really another key policy pillar
i'd call it is really energy, and I don't think
that this is unique to the Coalition. Both Labor and
the Coalition are really focusing on cost of living and
(08:17):
energy as these two big topics, but the way that
they're doing it is very different. Talk me through the
coalition's energy policy.
Speaker 1 (08:25):
Yes, this is a big one, so stick with me.
So basically, with energy, Australia over the next decade or
so is going through a period of transition, and what
the Coalition wants to do is they want to introduce
nuclear energy into Australia. So they want to build nuclear
reactors on the sites of coalfied power stations, which are
(08:47):
stations that are already closing down in the next decade
or so. Now, just to explain that a bit more,
because they did have to go.
Speaker 2 (08:55):
To a lot of reason, a lot of to and
fro on this line, Yes.
Speaker 1 (08:58):
Because I really wanted to understand first why is it
that they think we need this. So, like I just said,
all coal fiede power stations are due to close in
Australia in the next decade or so, and that's due
to multiple reasons like their impact on the environment, and
then also just the growing popularity of renewable energy sources,
(09:20):
and so with the closure of these coal fide power stations,
there becomes a gap in the market that needs to
be filled. And just to give you an idea of
that gap, in twenty twenty three, forty six percent of
electricity generation in Australia came from coal, so that's about
half and that now needs to be filled. So the
(09:40):
Coalition says Australia is running out of energy, which will
mean inconsistent energy sources, so more blackouts and also higher
energy bills. But they say that they can solve that
through nuclear energy, which they say is the cheaper, cleaner
and more consistent alternative. And so they want to build
these nuclear reactors on these retired colfied power stations to
(10:05):
keep Australia's energy source running smoothly. So that's their aim,
and this is their alternative to Labour's plan, which is
to focus on renewable energy, so mostly solar and wind power.
Speaker 2 (10:17):
I mean, it's certainly the quickest explanation I've ever heard
on nuclear I do just want to add, though, the
reason listeners might not be familiar with nuclear power. I
guess the reason you and I have had to spend
so long trying to get our heads around it is.
It's been banned in Australia since the nineties. The Coalition
under John Howard at that point banned nuclear in Australia.
That was as a result of shifting public opinion. We
(10:40):
all know of many nuclear related disasters and so what
the Coalition is saying here is that they are going
to repeal that ban and use, as you said, those
coal fired stations or the retired ones to set up
nuclear reactors. And throughout this campaign there's been a real
to and fro between the Coalition on labor and labor
on how much that will cost. But again a whole
(11:02):
other podcast, so we will leave that there, but we
will absolutely be uploading pieces to TDA that really explains
where the Coalition is going with their thinking here.
Speaker 1 (11:13):
I was just going to say that throughout this podcast. Also,
when we go through Labour's policies, I'm kind of just
telling you their perspective on why they think those policies
are important. Obviously there's a lot of criticism on both
sides about the different policies and I'm not really going
through that. I thought it was important to just tell
you what are the policies from their perspective.
Speaker 2 (11:33):
Yeah, and then it's for our listeners to look at
what is being suggested on both sides and decide what
they think is better for them. Yes, all right, So
on that topic, we obviously have another party, the party
that is in government currently Labor. Tell me about Labor.
Speaker 1 (11:50):
So the Labor Party traditionally positions itself as the party
of working people. So we said before, the Liberal Party
was more the party of Businessabor Party is much more
the party of working people. It has its roots in
the union movement, and they say they exist to push
for economic changes that benefit workers, specifically, such as things
(12:11):
like increasing the minimum wage, and just to go back
to the spectrum we were talking about before, we keep
going back to it. They exist more on the left
of the spectrum, but again, just like the Liberal Party,
they are close to the center as well. Now their
current leader is Anthony Alberanzi, who is of course the
current Prime minister. And then some recent prime ministers from
(12:32):
the Labor Party that listeners might be familiar with include
Kevin Rudd Kevin O seven, one of the probably one
of the most successful political campaigns in recent memory. And
then there was also Julie Gillard, who was our first
female prime minister in Australia and only and then Kevin
Rudd again, we went back to Kevin Rudd.
Speaker 2 (12:51):
That was an interesting time in politics, wasn't it. So
what are the key policies that Labor is taking to
this election.
Speaker 1 (12:57):
Yeah, so similar to the Coalition, they are also campaigning
very heavily on helping voters with the cost of living
and the housing crisis, but the ways in which they
propose to do that are a little bit different. So
first with housing, they also have a range of policies
to help first home buyers. Specifically, one way that they
are proposing to do this is to allow all first
(13:20):
home buyers the ability to buy a home with just
a five percent deposit. So usually the minimum you would
need is ten percent, and they're saying that they would
bring that down to five percent. And they say that
they'll do that by guaranteeing a portion of a first
home buyers loan and not requiring the first home buyer
(13:41):
to pay lender's mortgage insurance. Are you familiar with lender's
mortgage insurance?
Speaker 2 (13:45):
Honestly, it's really nache, But I am because I did
a lot of work on it in my previous job.
I know, so I didn't know that about you.
Speaker 1 (13:52):
Yeah, I know for anyone who's not familiar with it.
It's basically just a fee that you need to pay
if the deposit you're putting down is below a certain
percentage of a property price. I think it's usually twenty percent.
So what Labour is saying is that if you're a
first home buyer, you wouldn't have to pay that under
their policy. And then I talked about energy before, So
(14:13):
Labour's proposal in this area is to get our energy
grid to eighty two percent renewables by twenty thirty. Now,
just to give you an idea, in twenty twenty three,
thirty five percent of Australia's total electricity generation was from
renewable energy sources, and so they want to increase that
thirty five percent in twenty twenty three to eighty two
percent by twenty thirty, so basically doubling it in less
(14:36):
than a decade. And so just to recap that again,
the Coalition they are wanting to rely on nuclear energy
to fix this gap, and then Labor is wanting to
rely on renewables.
Speaker 2 (14:47):
Billy, very helpful to understand what the value or the
offering from both of the major parties this election is.
But always important to note that when you go to
the ballot box, it's not just the major parties that
are on that ballot. We will be speaking in a
(15:07):
later episode this week about minor parties about independence, because
although we do exist in this kind of two party system,
we are seeing the growing prominence of those minor parties
and of those independents, and we will absolutely be talking
about them ahead of the election. But for today, thank
you for taking us through Labor and the Coalition, and
thank you for joining us for another episode of the
(15:29):
Daily Ods. This week, we'll be taking you through politics
one oh one. It's more important than ever that you
have unbiased and factual political information, and you can count
on the Daily Ods to get you there. We'll be
back later today with the headlines, but until then, have
a great day.
Speaker 1 (15:48):
My name is Lily Madden and I'm a proud Arunda
Bunjelung Kalkotin woman from Gadighl Country. The Daily Os acknowledges
that this podcast is recorded on the lands of the
Gadighl people and pays respect to all Aboriginal and torrest
rate island and nations. We pay our respects to the
first peoples of these countries, both past and present.
Already and this is the Daily This is the Daily OS.
Oh now it makes sense. Good morning and welcome to
the Daily OS. It's Monday, the twenty eighth of April.
I'm Billy fitz.
Speaker 2 (00:19):
Simon's I'm Zara Seidler.
Speaker 1 (00:21):
Well, we are now less than a week out from
the election, when more than eighteen million Australians are due
to vote for who will form the country's next government
and who will be the next Prime Minister. On today's episode,
we're going to break down who the major parties in
Australia are. Now. All your life, you've probably been hearing
about the Labor Party and the Coalition, But if you've
(00:43):
never stopped to do a deep dive on either of
those parties, then this podcast is for you.
Speaker 2 (00:52):
Billy, I always like the opportunity to just step back
and explain the basics that really sits behind our political system.
It's something that we take for granted, this idea that
we all know everything, but it is really important to
explain the basic So how does how Australian political still work?
Just a small question to start with.
Speaker 1 (01:12):
Okay, So, Australia's political landscape is often described as a
two party system, and that's because we do have two
major parties or two major groups who tend to get
the majority of votes and who tend to make up
most of the spots in parliament, and that's the Labor
Party and the Coalition. Now, for several decades it's been
(01:32):
either the Labor Party or the Coalition who have been
in government with the other in opposition. So there's always
one party that's in government and one party who's in opposition,
and their job in opposition is kind of to hold
the government of the day to account. Now, Labor is
one single party, but unlike Labor, the Coalition isn't actually
a single party. It's two or actually it's more than two,
(01:56):
but mainly it's two.
Speaker 2 (01:58):
Let's not get bogged down in this scifully here, but yes,
it is a coalition of multiple players here. And so
let's start with the coalition. How do they bill themselves?
What are they about?
Speaker 1 (02:09):
So the coalition is a formal alliance between the Liberal
Party and the National Party. And then like I kind
of just said, there are a few other very small parties,
but they kind of do.
Speaker 2 (02:20):
Full undersidiaries of exactly National.
Speaker 1 (02:22):
Exactly, and so they join forces to govern together. If
they win enough seats collectively in the House of Representatives. Now,
since twenty twenty two, the Coalition has been in opposition,
but before that they were actually in government for nearly
a decade. You might remember some of the prime ministers
of that time. We had Tony Abbott, we had Malcolm Turnbull,
(02:44):
and then we had Scott Morrison, which I'm sure many
of our listeners, our younger listeners will remember, maybe Scott
Morrison more than the previous two. And then right before that,
if we're going back to you know, the early two thousands,
we had John Howard. So those are some of the
fame Coalition prime ministers.
Speaker 2 (03:02):
Yep.
Speaker 1 (03:02):
And important to say that when the Coalition is in government,
it's the leader of the Liberal Party who becomes the
prime minister, and then it's the leader of the National
Party who becomes the deputy prime minister. Now, deputy prime
ministers definitely don't have the same high profile as prime ministers,
but one deputy prime minister that you might be familiar
(03:22):
with was Barnaby Joyce. He definitely had maybe a higher
profile than some of the previous ones.
Speaker 2 (03:27):
Definitely. Okay, So this coalition is made up of the
Liberal Party, and of the nationals, starting first with the
Liberal Party. What do they stand for?
Speaker 1 (03:37):
Yeah, so the Liberal Party is usually considered to be
on the right side of the political spectrum.
Speaker 2 (03:42):
I want to stop you there, because you and I
often do panels where we explain the basics of politics,
and this idea of the left and the right can
be quite an abstract term for a lot of people.
What do you mean by the right?
Speaker 1 (03:54):
I vividly remember in year ten my history teacher throwing
out the schedule for that day and saying, today I
am teaching you the difference between the left and the
right in politics. It was amazing And to the same
it's the like only class I remember, no, but it's
like it was just the most amazing lesson. So for
anyone who didn't have mister Muir as a history teacher,
(04:17):
you're right that it's something that we always hear about
but is never quite explained to us. So it's a
common way to define political parties as existing on this
kind of spectrum between the left and the right, and
the left is considered to be more socially progressive, and
it tends to favor the government playing a more active
role in our lives. And then the right is the opposite,
(04:39):
so they favor the government playing less of a role
in our lives and kind of government exactly, and that
is what the Liberal Party is usually considered to be.
It's considered to be more right of center, although important
to note that, especially in Australia, both of the major
parties are quite center. But then Liberal Party a little
bit more to the right, the Labor Party a little
(05:01):
bit more to the left. Back to the Liberal Party.
So they position themselves as the party of business, and
they tend to push for economic changes that benefit businesses
and their owners. And like I just said, they tend
to believe that the government should have minimal interference in
our daily lives, prioritizing kind of individual freedom and responsibility.
(05:24):
And it also tends to be more socially conservative than Labor.
Speaker 2 (05:28):
Okay, So when we talk about the Liberal Party, an
easy way to think about it is small government, like
market running itself and tends to be a bit more
socially conservative than what we see from the Labor Party.
Speaker 1 (05:41):
And when you say market economic market.
Speaker 2 (05:43):
Yeah, correct, So then that's the Liberal Party. They're in
coalition with the Nationals. Tell me about the Nationals.
Speaker 1 (05:49):
So the National Party is traditionally the party for regional Australia.
I'm pretty sure all of their seats that they hold
in the House of Representatives are in regional or rural
parts of Australia, and that's because it has a particular
focus on agricultural and mining industries. And if we go
back to that spectrum that we were just talking about,
(06:09):
they tend to be considered further to the right than
the Liberal Party, especially on social issues and also on
environmental issues.
Speaker 2 (06:18):
Yeah, and so it's that very interesting balance that the
coalition has to get right, which is that the Nationals
do tend to sit differently on the spectrum to certainly
some parts of the Liberal Party. But because they govern together,
they have to reach this compromise and they have to
have a party position as the coalition. So what are
(06:40):
some of the key policies that the coalition has put
forward with this federal election coming up? Okay?
Speaker 1 (06:46):
I would say that there are two big things that
they are focusing on. The first is cost of living,
and I'd say they're kind of focusing on that through
two main ways. The first is through their fuel EXI
So you might not know that every single time you
fill up your car or fill up your motorbike, you
are paying fifty cents per litera in tax on the
(07:07):
price of petrol. Now, what the Coalition wants to do
if they get into government is have that to be
twenty five cents. So in effect, that would mean that
your petrol is twenty five cents cheaper per liter that
you fill up. So that's the first way that they're
trying to address cost of living. And then the second
way is through housing. They talk a lot about trying
(07:29):
to help first home buyers get into the market, and
they have a range of different policies to do that.
I think a key one is that they want to
help first home buyers access up to fifty thousand dollars
of their superannuation to help them buy a home. And
then if you did that, so if you access fifty
thousand dollars of your superannuation, you would then need to
(07:49):
put that money back if you were then to sell
the house that you bought with that money. Does that
make sense?
Speaker 2 (07:55):
Yeah, makes sense, And so that's their kind of central
housing proposition or a way to get new home buyers
into the market. But then really another key policy pillar
i'd call it is really energy, and I don't think
that this is unique to the Coalition. Both Labor and
the Coalition are really focusing on cost of living and
(08:17):
energy as these two big topics, but the way that
they're doing it is very different. Talk me through the
coalition's energy policy.
Speaker 1 (08:25):
Yes, this is a big one, so stick with me.
So basically, with energy, Australia over the next decade or
so is going through a period of transition, and what
the Coalition wants to do is they want to introduce
nuclear energy into Australia. So they want to build nuclear
reactors on the sites of coalfied power stations, which are
(08:47):
stations that are already closing down in the next decade
or so. Now, just to explain that a bit more,
because they did have to go.
Speaker 2 (08:55):
To a lot of reason, a lot of to and
fro on this line, Yes.
Speaker 1 (08:58):
Because I really wanted to understand first why is it
that they think we need this. So, like I just said,
all coal fiede power stations are due to close in
Australia in the next decade or so, and that's due
to multiple reasons like their impact on the environment, and
then also just the growing popularity of renewable energy sources,
(09:20):
and so with the closure of these coal fide power stations,
there becomes a gap in the market that needs to
be filled. And just to give you an idea of
that gap, in twenty twenty three, forty six percent of
electricity generation in Australia came from coal, so that's about
half and that now needs to be filled. So the
(09:40):
Coalition says Australia is running out of energy, which will
mean inconsistent energy sources, so more blackouts and also higher
energy bills. But they say that they can solve that
through nuclear energy, which they say is the cheaper, cleaner
and more consistent alternative. And so they want to build
these nuclear reactors on these retired colfied power stations to
(10:05):
keep Australia's energy source running smoothly. So that's their aim,
and this is their alternative to Labour's plan, which is
to focus on renewable energy, so mostly solar and wind power.
Speaker 2 (10:17):
I mean, it's certainly the quickest explanation I've ever heard
on nuclear I do just want to add, though, the
reason listeners might not be familiar with nuclear power. I
guess the reason you and I have had to spend
so long trying to get our heads around it is.
It's been banned in Australia since the nineties. The Coalition
under John Howard at that point banned nuclear in Australia.
That was as a result of shifting public opinion. We
(10:40):
all know of many nuclear related disasters and so what
the Coalition is saying here is that they are going
to repeal that ban and use, as you said, those
coal fired stations or the retired ones to set up
nuclear reactors. And throughout this campaign there's been a real
to and fro between the Coalition on labor and labor
on how much that will cost. But again a whole
(11:02):
other podcast, so we will leave that there, but we
will absolutely be uploading pieces to TDA that really explains
where the Coalition is going with their thinking here.
Speaker 1 (11:13):
I was just going to say that throughout this podcast. Also,
when we go through Labour's policies, I'm kind of just
telling you their perspective on why they think those policies
are important. Obviously there's a lot of criticism on both
sides about the different policies and I'm not really going
through that. I thought it was important to just tell
you what are the policies from their perspective.
Speaker 2 (11:33):
Yeah, and then it's for our listeners to look at
what is being suggested on both sides and decide what
they think is better for them. Yes, all right, So
on that topic, we obviously have another party, the party
that is in government currently Labor. Tell me about Labor.
Speaker 1 (11:50):
So the Labor Party traditionally positions itself as the party
of working people. So we said before, the Liberal Party
was more the party of Businessabor Party is much more
the party of working people. It has its roots in
the union movement, and they say they exist to push
for economic changes that benefit workers, specifically, such as things
(12:11):
like increasing the minimum wage, and just to go back
to the spectrum we were talking about before, we keep
going back to it. They exist more on the left
of the spectrum, but again, just like the Liberal Party,
they are close to the center as well. Now their
current leader is Anthony Alberanzi, who is of course the
current Prime minister. And then some recent prime ministers from
(12:32):
the Labor Party that listeners might be familiar with include
Kevin Rudd Kevin O seven, one of the probably one
of the most successful political campaigns in recent memory. And
then there was also Julie Gillard, who was our first
female prime minister in Australia and only and then Kevin
Rudd again, we went back to Kevin Rudd.
Speaker 2 (12:51):
That was an interesting time in politics, wasn't it. So
what are the key policies that Labor is taking to
this election.
Speaker 1 (12:57):
Yeah, so similar to the Coalition, they are also campaigning
very heavily on helping voters with the cost of living
and the housing crisis, but the ways in which they
propose to do that are a little bit different. So
first with housing, they also have a range of policies
to help first home buyers. Specifically, one way that they
are proposing to do this is to allow all first
(13:20):
home buyers the ability to buy a home with just
a five percent deposit. So usually the minimum you would
need is ten percent, and they're saying that they would
bring that down to five percent. And they say that
they'll do that by guaranteeing a portion of a first
home buyers loan and not requiring the first home buyer
(13:41):
to pay lender's mortgage insurance. Are you familiar with lender's
mortgage insurance?
Speaker 2 (13:45):
Honestly, it's really nache, But I am because I did
a lot of work on it in my previous job.
I know, so I didn't know that about you.
Speaker 1 (13:52):
Yeah, I know for anyone who's not familiar with it.
It's basically just a fee that you need to pay
if the deposit you're putting down is below a certain
percentage of a property price. I think it's usually twenty percent.
So what Labour is saying is that if you're a
first home buyer, you wouldn't have to pay that under
their policy. And then I talked about energy before, So
(14:13):
Labour's proposal in this area is to get our energy
grid to eighty two percent renewables by twenty thirty. Now,
just to give you an idea, in twenty twenty three,
thirty five percent of Australia's total electricity generation was from
renewable energy sources, and so they want to increase that
thirty five percent in twenty twenty three to eighty two
percent by twenty thirty, so basically doubling it in less
(14:36):
than a decade. And so just to recap that again,
the Coalition they are wanting to rely on nuclear energy
to fix this gap, and then Labor is wanting to
rely on renewables.
Speaker 2 (14:47):
Billy, very helpful to understand what the value or the
offering from both of the major parties this election is.
But always important to note that when you go to
the ballot box, it's not just the major parties that
are on that ballot. We will be speaking in a
(15:07):
later episode this week about minor parties about independence, because
although we do exist in this kind of two party system,
we are seeing the growing prominence of those minor parties
and of those independents, and we will absolutely be talking
about them ahead of the election. But for today, thank
you for taking us through Labor and the Coalition, and
thank you for joining us for another episode of the
(15:29):
Daily Ods. This week, we'll be taking you through politics
one oh one. It's more important than ever that you
have unbiased and factual political information, and you can count
on the Daily Ods to get you there. We'll be
back later today with the headlines, but until then, have
a great day.
Speaker 1 (15:48):
My name is Lily Madden and I'm a proud Arunda
Bunjelung Kalkotin woman from Gadighl Country. The Daily Os acknowledges
that this podcast is recorded on the lands of the
Gadighl people and pays respect to all Aboriginal and torrest
rate island and nations. We pay our respects to the
first peoples of these countries, both past and present.
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