Labor's alternative plan

LABOR'S ALTERNATIVE PLAN

* Cut the small business tax rate to 25pct

* Independent Infrastructure Australia, with bipartisan board, to drive projects

* Devote three per cent of GDP to research and development by end of next decade

* $500 million Smart Investment Fund to invest in early stage companies

* Establish StartUp scheme to provide capital to entrepreneurs

* Digital technology, computer science and coding to be taught in every school

* Boost skills of 25,000 teachers, train 25,000 new teachers who are science and technology graduates

* Write-off HECS debts of 100,000 science, technology, engineering and maths students.