Budget reply: Shorten says Labor will save Medicare

Bill Shorten has outlined Labor's plan for the budget, declaring what the government is doing is for the wealthy not for the battlers.

Budget reply

Australian Opposition Leader Bill Shorten speaks at the despatch box during the delivery of the 2016-17 Federal Budget Reply speech. Source: AAP

Opposition Leader Bill Shorten has vowed to legislate to save Medicare, declaring the election on July 2 a referendum on its future.

In an election-rally like budget reply speech on the floor of the House of Representatives, he said a future Labor government would act to protect Medicare within its first 100 days.

As well, a Labor government would crack down on dodgy private colleges which saddle students with debt and fail to deliver qualifications.

Delivering Labor's reply to Tuesday's budget, he said Labor could save $71 billion over a decade through winding back negative gear, superannuation concessions and programs such as the baby bonus and the direct action environment plan.

Mr Shorten said this was a budget for big business over battlers, punishing those who can't afford it and rewarding those who don't need it.

The opposition leader said Labor would support the government's modest measures to limit bracket creep and a tax cut for small businesses with a turnover of less than $2 million a year.

In the face of continuing deficits, now was not the time to give the richest three per cent of Australians another tax cut.

Mr Shorten said the Liberals had always wanted a private model of health care like the US, spending $5 million on a taskforce to investigate the fastest way to privatise parts of Medicare and that was just the beginning.

"Make no mistake, July 2 will be a referendum on the future of Medicare," he said.

"We will not support the privatisation of the Medicare system. Full stop."

Mr Shorten said Labor would make education, training and skills a national priority.

The pendulum had swung too far to private providers.

"We will restore integrity to the training system by cleaning out the dodgy private colleges who have been ripping Australians off for too long," he said.

Mr Shorten said in 2014, the 10 largest private training colleges received $900 million in government funding but less than five per cent of their students graduated.

He said tens of thousands were being loaded with massive debt but not the qualification they needed to find a job.

A Labor government would cap vocational education loans at $8000 per student, he said.

Mr Shorten attracted the loudest cheer from supporters packing the pubic galleries when he repeated his promise to speedily legislate for marriage equality.

Finance Minister Bill Mathias Cormann said Mr Shorten's speech was "all politics and no plan."

"Bill Shorten had three years to get ready for tonight and all we got was another Labor push for higher taxes which hurt jobs and growth. What the Australian economy needs right now is a national economic plan for jobs and growth," he told reporters in Canberra.

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3 min read
Published 5 May 2016 9:06pm
Updated 6 May 2016 6:14am
Source: AAP


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