Shadow Finance Minister Jane Hume says the intergenerational report is just a “Trojan Horse” for higher taxes and Labor is only “trooping out” information people already know.

“Which is that aged care, NDIS, health are going to be growing pressures on the budget,” Ms Hume told Sky News Australia.

“It does seem like there’s a bit of a frog in the boiling water – just getting us ready for higher taxes.”