Shorten outlines Labor's election bid

Labor leader Bill Shorten has outlined his approach to a likely July 2 election, nominating jobs, education, health, renewable energy and a fair taxation system as priorities.

"On one hand you have our policies that will put people first, on the other hand you have the Liberal Party who are representing vested interests," he told ABC radio on Tuesday.

But Mr Shorten admitted Labor has yet to finalise its plan for budget repair.