Factbox: Policies of Australia’s political parties at a glance

Voters cast their ballots ahead of the national election at an Australian Electoral Commission early voting centre, in the Central Business District of Sydney, Australia, May 17, 2022. REUTERS/Loren Elliott/File Photo

SYDNEY, May 19 (Reuters) – Australia’s political parties are in the final stages of campaigning ahead of a general election on Saturday.

Polls indicate a close result, with the opposition Labor party slightly ahead of the ruling conservative Liberal-National coalition. read more

Below are comparisons of key policies taken mainly from campaign programmes and pre-election announcements.

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HOUSING

Liberal-National coalition

* Allow first-home buyers to withdraw up to 40% of their superannuation balance, up to a maximum of A$50,000 ($35,000), for a mortgage deposit. They must return the amount withdrawn, plus or minus any capital gain or loss, when they sell the property.

Labor

* Equity contribution of up to 40% of the cost of a new home, and 30% for an existing home. Qualification based on income and caps on property value based on location. Homeowners can buy out government contribution over time.

FEDERAL INTEGRITY COMMISSION

Liberal-National coalition

* Promised a federal integrity body at 2019 election, drafted but did not introduce legislation to parliament.

* Prime Minister Scott Morrison has said he won’t revisit the plan because it was rejected, dismisses existing state integrity bodies as “kangaroo courts” designed to shame.

Labor

* Committed to setting up an independent National Anti-Corruption Commission by the end of 2022.

* Would have powers to investigate allegations of corruption at all levels by federal employees and agencies; would ultimately make recommendations to law enforcement bodies rather than findings of criminal liability.

FOREIGN POLICY/CHINA

Liberal-National coalition

* Says it will stand up for Australia in relationship with China; seeks to diversify trade flows.

* Acquisition of nuclear-powered submarines under AUKUS security partnership with U.S. and Britain.

* Work with “like-minded partners” in region through Quad (U.S, Japan, India), ASEAN and Pacific family.

Labor

* Alliance with United States, regional partnerships and multilateral groups (including support for AUKUS, Quad) are the three pillars of foreign policy. Increased climate change focus.

* Consistency with current China policy.

* Enhanced diplomacy in Pacific islands region to include leadership on climate change, soft power outreach using national broadcaster, as well as defence and security cooperation.

WOMEN’S SAFETY AND RIGHTS

Liberal-National coalition

* A$2.5 billion in funding over the first five years of the next national plan to end violence against women and children.

* Enhance paid parental leave, to continue to drive down the gender pay gap and drive up women’s workforce participation.

Labor

* A$1.6 billion to build 4,000 new homes mostly for women and children fleeing domestic violence.

* Legislate 10 days of paid family and domestic violence leave; establish a new family, domestic and sexual violence commissioner.

INDIGENOUS RECOGNITION

Liberal-National coalition

* Plans to establish grassroot support for indigenous representation in parliament through legislation, does not plan a referendum to constitutionally enshrine an indigenous voice to parliament.

* Committed A$1 billion in targeted investment this year as part of ‘Closing the Gap’ plans.

Labor

* Committed to implement the Uluru Statement in full, including holding a referendum to constitutionally enshrine an Indigenous ‘Voice to Parliament’ in the first term.

* Plans to improve housing in remote Indigenous communities, and to invest in First Nations management of land and waters .

($1 = 1.4292 Australian dollars)

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Reporting by Australian Bureau; Editing by Lincoln Feast.

Our Standards: The Thomson Reuters Trust Principles.