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'Labor made $19 billion in election promises on its path to victory, with a focus on health and medical research, support for homeowners, and multinational tax reform. The newly sworn-in PM has confirmed Australia's parliament will meet before the end of July, with the top priority being handling economic uncertainty. The federal election saw both major parties lay out their visions for the future. Prior to the election, Labor came prepared to address economic challenges caused by unpredictable events. The Pre-Election Promise Tracker kept track of key commitments, and now the challenge for Prime Minister Albanese will be implementing the promises. The Liberal Party and Labor both have plans for tax reform, with Labor's plan allowing for consultation and the Liberal Party's Help to Buy Scheme set to support 10,000 homeowners.'

The Labour Party made approximately $19 billion in election promises during the recent Australian elections, with a key focus on areas such as health and medical research, support for homeowners, and multinational tax reform. The new Prime Minister has highlighted economic uncertainty as a top priority. While both major parties presented their visions for the future, Labour emphasized addressing economic challenges caused by unpredictable events. A Pre-Election Promise Tracker was used to monitor key commitments, and the upcoming challenge for Prime Minister Albanese will be to implement these promises. Both the Liberal Party and Labour have outlined plans for tax reform, with Labour's plan including consultation and the Liberal Party's Help to Buy Scheme designed to support 10,000 homeowners.

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