What to look out for in a Coalition government if you’re not a Baby Boomer

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With the Liberal-National Coalition to form a majority government, The Feed takes a look at what promises were made for young Australians.

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The Liberal Party has done a Steven Bradbury and won the federal election, despite every poll and punter claiming Labor had it in the bag.

While The Feed cannot translate exactly what Scott Morrison meant when he promised to "keep the promise of Australia to all Australians," we've done a round-up of some of the policies that we think will impact young Australians most.

Housing

In a last minute election pitch, Scott Morrison announced a housing affordability package to help first home buyers with their deposit.

Singles on an income of less than $125,000, and couples on less that $200,000 will be able to secure a home loan with a deposit of as little as 5 per cent.

In most circumstances, banks require 20 per cent of the total value of the amount you want to borrow for a deposit. If you don't have 20 percent, lenders usually make you pay lenders mortgage insurance, which can add $10,000 to your loan.

The Feed
Prime Minister Scott Morrison's has promised to make buying a home easier.
AAP

This means that the government is effectively acting as guarantors for people who might otherwise be priced out of the housing market.

But the policy does not address the overall cost of housing. First home buyers will still have to qualify for a mortgage and prove they can repay the loan.

The Coalition does not have any plan to scrap negative gearing, with Morrison insisting any proposed reforms to negative gearing will increase rental rates.

Climate change

The Coalition doesn't have the best track record when it comes to consistent climate change policy, with the issue catalysing hectic internal division that led to a leadership spill in August last year.

Back in February, the Coalition introduced the Climate Solutions Package.

The package has been touted as a $3.5 billion investment over 15 years to help deliver on the country's 2030 Paris climate commitments, including $2 billion for a climate solutions fund - basically an extension on the Emissions Reduction Fund.

Environment Minister Melissa Price
Environment Minister Melissa Price has been AWOL during the coalition's national election campaign.
AAP

The aim is to reduce emissions by 26 to 28 per cent below 2005 levels by 2030. But critics say these policies will fall short of what's required to meet Paris climate agreement targets.

"It's completely inadequate, the worst targets of any developed nation in the world," said Kate Doley, political scientist from the Climate and Energy College at the University of Melbourne.

Labor's plan was to reduce emissions by 45 per cent in the same time-frame.

Critics say both pans are below what is needed to help curb global warming to below 2 degrees.

Jobs

Youth unemployment is at more than 11 percent in Australia, around three times the overall national rate.

The Liberal Party has designed a program they say will create more apprenticeships over the next four years and 10 training hubs in areas of high unemployment, though it's unclear where they will be.

During the election, the government promoted it's Youth Jobs PaTH program. It's an initiative that pays interns and businesses accepting interns.

The Coalition said "the program has already helped more than 43,000 young people into jobs" in the first two years, falling short of its aim of getting 120,000 young people employed in four years.

A master and apprentice carpenter at Holmesglen TAFE Chadstone campus in Melbourne. Tradies are set for a boost.
Tradies are set for a boost.
AAP

Education

The Liberal Party said university funding is at record levels, despite announcing a two-year cap on funding in 2017.

They Liberal Party says it is focused on encouraging students to go to uni in regional areas, and the 2019 Budget included a $94 million scholarship program for those studying outside cities.

And the Coalition will also try to get more women into science, technology, engineering and mathematics (STEM) education and careers, with $3.4 million funding towards this goal.

Newstart and Youth Allowance

It doesn't look like the government will raise Newstart of Youth Allowance, despite payments having not lifted in real terms in more than 25 years.

In fact, the Coalition is looking at doubling down on so-called "welfare dependency" by continuing their Work for the Dole, ParentNext and cashless welfare cards.

It doesn't look like there will be any reforms on the heavily criticised checks through data matching - more commonly known as RoboDebt - as the government has been promoting how their "fraud crackdown" through data matching as claimed back $1.4 billion in 18 months.

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How do you survive on $40 a day?
How do you survive on $40 a day?

Mental health

The government set aside $4.8 billion in the budget for mental health, which includes $152 million for additional services across the Headspace network.

But just $5 million will be allocated to addressing suicide in Indigenous populations, despite youth suicide for Indigenous people being one of the worst in the world.

Catch The Feed 8:30pm Thursdays and 5pm Sundays on SBS VICELAND . Connect with us on Facebook, Twitter and Instagram.