Foreword

I am proud to present the Parliamentary Budget Office's (PBO) fifth post-election report of election commitments since our establishment in 2012. 

The report is integral to the PBO's role to improve the transparency of the fiscal impact of election commitments. It supports the Parliament and all Australians to engage in an informed conversation about how announced election platforms would affect Australia's fiscal policy settings in the short and medium term.

As a standing record of promises made during an election campaign, the report holds parliamentary parties and independents to account by creating a record of promises made during an election which would have an impact on the budget.

The report includes full costings of all publicly announced commitments with a material impact on the budget.

The report is just one of the PBO's core functions. Our vision to enrich Australia's democracy through independent budget and fiscal analysis underpins our approach to provide all parliamentarians with access to confidential costing and budget analysis services, to expand the suite of analysis and interactive tools on our website, and to hold educational seminars to improve understanding of fiscal policy and budgetary issues.

I would like to acknowledge the effort of the staff of the PBO who have delivered to a high standard during a year of surging demand for our services, while continuing to innovate across our products and internal systems.

As the accountable authority of the PBO, I present the PBO's 2025 Election Commitments Report, as required by section 64MA of the Parliamentary Service Act 1999.

I am satisfied that this report contains the full cost of each major party's election platforms, reflecting my best professional judgement and the best endeavours of the PBO.

Sam Reinhardt
Parliamentary Budget Officer
20 June 2025