Long-term Prosperity
Labor is committed to building a modern economy that competes successfully in global markets for agriculture, resources, manufacturing and services.
We believe that in the long-term, building a modern, internationally competitive economy is the best way of creating quality jobs and protecting the living standards of all Australians.
By building long-term prosperity we can also ensure that our nation is able to sustain high quality public services and a generous safety net for those in need.
Building long-term prosperity involves lifting growth and productivity through:
- Investing in an education revolution that lifts the quantum of investment and the quality of outcomes in our education system.
- Building advanced infrastructure such as transport and communications networks.
- Fostering innovation, research and creativity in Australian businesses.
- Ongoing reform of the Australian Federation and the financial relationship between Commonwealth and state and territory governments.
- Supporting new Australian exporters.
- Establishing modern regulatory frameworks for business.
- Tackling disadvantage and generating social inclusion.