Labor's finance spokesman Tony Burke has flagged more election promises over the remaining five weeks of the campaign that will improve the budget bottom line.
While not going into specifics, Mr Burke says they will deal with government waste, better targeted policies and some spending measures.
"There will be more improvements to the budget bottom line than spends over the medium term," he told ABC television on Sunday.
Trade Minister Steven Ciobo said the Turnbull government has already released its clear plan to drive jobs and growth while making sure the nation remains secure.
"It stands in stark contrast, frankly, to the Labor Party who is promising an awful lot of things except for one of the most fundamental: explaining how they are going to pay for all of the promises they are making," he told ABC television.
Their comments came after the Turnbull government's claim that Labor had a $67 billion black hole resulted in the opposition confirming it would not restore the school kids' bonus or reverse the coalition's pension changes.
Opposition Leader Bill Shorten remained cagey about the decision on the schoolkids' bonus saying he didn't know if it had been submitted with other policies to be costed.
"I would have to go and check with my financial people," he told reporters in Canberra.
Treasurer Scott Morrison claims he flushed Labor out over its spending commitments with his blackhole attack.
But Mr Burke mocked the suggestion, saying it just showed the treasurer and Finance Minister Mathias Cormann couldn't add up.
Mr Burke said they were exposed as being wrong by nearly $20 billion from the very first question at a media conference last week.
"I think for them now to claim it was a cunning plan is probably a reach too far," he said.
Mr Shorten said the government's $50 billion company tax rate cuts were an "absolute misallocation" of taxpayer resources.
Ahead of his Sunday night debate with Malcolm Turnbull, Mr Shorten said the prime minister's priorities were all wrong.
"The truth of the matter is that giving away $50 billion for very little economic gain at all is precisely the wrong measure ... at this time," Mr Shorten said.
The government says the cuts will add one per cent to growth or $16 billion over 10 years.
Opposition frontbencher Anthony Albanese concedes that when Labor talks about budget savings, that also includes tax increases.
"Of course it's both. A difference to the bottom line is pretty simple, revenue versus expenditure," Mr Albanese told Sky News.
