Please explain: Who is promising what and why?

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In the final days before a federal election, two things are certain. First, things get personal. Then, election promises ratchet up in an effort to nab those last-minute undecided votes.

For nearly six weeks, all parties have been pursuing your vote this Saturday.

The government is staking its claim on economic management, with its centrepiece policies of a $19.5 billion tax cut over the immediate budget horizon, 5 per cent deposits for first-home buyers and fast rail in regional Victoria.

Meanwhile, Labor is focusing on low-income earners at the expense of what it calls "the top end of town", with a $16 billion tax cut over four years - which delivers a bigger dollar saving to those on low incomes - plus a focus on education, and healthcare.

The Coalition’s promises, including tax cuts, come with a price tag of $62 billion, Labor’s promises add up to $69 billion.

So for the last time before D-Day, let’s break it all down. Who is promising what and why?

This week on Please Explain, I dissect the major parties' promises with federal editor and Canberra Bureau chief Bevan Shields and chief political correspondent David Crowe so you know exactly what you are voting for this Saturday.

Afterwards, I check in with senior economics writer Jessica Irvine and senior economics correspondent Shane Wright, who are overseeing the election "spendometer".

So for the last time before D-Day, let’s break it all down. Who is promising what and why?

So for the last time before D-Day, let’s break it all down. Who is promising what and why? Credit:Jamie Brown

With a seat-by-seat battle to play out on Saturday, we’ll hear how the parties are spending in marginal electorates.

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