Analysis shows that the federal government has made $123.6 billion worth of discretionary spending decisions in the three budgets it has handed down since taking office in May 2022.
The government has also announced some $20 billion worth of election promises since the start of 2025, headlined by the $8.5 billion expenditure on Medicare.
Independent economist Chris Richardson says taxpayers will ultimately bear the cost of Labor’s spending decisions since taking office via ‘bracket creep’.