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The current government

Albanese Labor Government

Term: 23 May 2022–present · Last verified 31 July 2026

Prime Minister
Anthony Albanese MP
Governing party
Australian Labor Party
Current ministry source (opens in a new tab)
Parliament share
54.9%
People
124
Jurisdictions
8
Promises tracked
6

Budget 2026–27

Australian Government Budget estimates. Figures are not final outcomes.

Estimates · official source
Revenue
$815.3b
Accrual estimate
Expenses
$833.3b
Accrual estimate
Underlying cash balance
-$31.5b
Estimate
Gross debt
$1.05T
Estimate

Election promises

A bounded evidence set from the 2025 federal election campaign.

  • Delivered4
  • In progress1
  • Changed0
  • Not yet verified1

Counts describe only the records displayed here, not the full election platform.

PromiseStatusEvidence dateEvidence
Cut eligible student loan debts by 20%The Universities Accord debt-reduction legislation is in force.Delivered2025-08-02Promise (opens in a new tab)Outcome (opens in a new tab)
Raise the student loan repayment threshold to $67,000The same Act implements the fairer repayment system.Delivered2025-08-02Promise (opens in a new tab)Outcome (opens in a new tab)
Reduce the maximum general PBS co-payment to $25The $25 maximum general patient price commenced on 1 January 2026.Delivered2026-01-01Promise (opens in a new tab)Outcome (opens in a new tab)
Begin the Cheaper Home Batteries Program from July 2025The programme commenced; its 2030 installation target remains ongoing.Delivered2025-07-01Promise (opens in a new tab)Outcome (opens in a new tab)
Reach nine in ten GP visits bulk billed by 2030Expanded incentives commenced, while the 2030 outcome target remains open.In progress2025-11-01Promise (opens in a new tab)Outcome (opens in a new tab)
Build 100,000 homes reserved for first-home buyersA sufficiently specific delivery dataset has not yet been imported.Not yet verified2026-07-31Promise (opens in a new tab)Outcome (opens in a new tab)

Major projects

Selected significant projects with published Commonwealth contributions.

Cost estimates may change. A government contribution is not necessarily the full project cost.

Contractor transparency

Publicly identified delivery relationships for the selected projects.

Project budgets are not contractor revenue.Contract values may cover only one package within a larger project.
ProjectDelivery entityContractor / consortiumScopePublished contract valueAward dateSource
Sydney Metro — Western Sydney AirportSydney MetroParklife Metro consortiumStations, systems, trains, operations and maintenanceNot published2022-12-21Infrastructure Ministers (opens in a new tab)
Direct Sunshine Coast Rail Line — Stage 1Queensland GovernmentNot yet appointedStage 1 planning and future deliveryNot publishedNot publishedInfrastructure Investment Program (opens in a new tab)
Molonglo River BridgeACT GovernmentB.M.D Construction Pty LtdDesign and construction of bridge, roads and public transport infrastructure$172.7m2022-12-14Infrastructure Ministers (opens in a new tab)
Southern Expressway and Majors Road InterchangeSouth Australian Department for Infrastructure and TransportAcciona Construction AustraliaDesign and construction of the interchangeNot published2023-07-03Infrastructure Ministers (opens in a new tab)

How project progress is classified

Stages describe the latest supported delivery state, not project quality.

Announced
Public commitment exists; funding or delivery may not.
Funded
A government allocation or contribution is recorded.
Contracted
A delivery contract or consortium is publicly identified.
Under construction
Physical works have commenced on the recorded scope.
Operational
The asset or service is in use, possibly before final completion.
Completed
The published delivery scope is reported complete.

Source: WhoRunsAus evidence review retrieved 31 July 2026

Methodology