He's really Labor-ing! Bill Shorten displays a VERY unique running style as he prepares to deliver his Budget reply speech

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Bill Shorten has been seen taking an early morning jog around the country's capital in his North Queensland Cowboys jersey just hours ahead of his Budget reply speech.

The Opposition Leader will commit Labor to keeping the coalition's Budget repair levy on high-income earners in his speech and will also address the hike in the Medicare levy in his speech.

Mr Shorten appeared to fatigue as he ran across a footbridge on Thursday morning, before jogging past Old Parliament House. 

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Bill Shorten has been seen taking an early morning jog around the country's capital in his North Queensland Cowboys jersey

The Opposition Leader will commit Labor to keeping the coalition's Budget repair levy on high-income earners in his Budget reply speech. He is pictured here presenting the annual Women's Budget statement on Thursday

Treasurer Scott Morrison's second budget delivered on Tuesday signalled the end to the two per cent levy, which was temporarily put in place in 2014 to help balance the books.

But Labor believes that with the deficit for 2017/18 being 10 times worse than the Liberals' first budget predicted, now is not the time to remove the levy.

The opposition is still weighing up whether to back a hike in the Medicare levy on most Australian taxpayers to fund disability insurance, which could also be confirmed on Thursday.

The government wants to increase the Medicare levy paid by almost all workers by half a percentage point to 2.5 per cent of taxable income from July 1, 2019, to provide long-term funding for the NDIS.

Mr Shorten appeared to fatigue as he ran across a footbridge on Thursday morning, before jogging past Old Parliament House

Mr Shorten will commit Labor to keeping the coalition's Budget repair levy on high-income earners on Thursday

Bill Shorten and Prime Minister Malcolm Turnbull shook hands at Parliament House as they arrived for interviews on Wednesday

The opposition is still weighing up whether to back a hike in the Medicare levy on most Australian taxpayers to fund disability insurance, which could also be confirmed on Thursday

'At a time when the government is asking every other working Australian to pay a higher rate of tax, Labor will not support spending at least $1.2 billion each year on the wealthiest two per cent,' Mr Shorten will tell parliament.

'It is not fair that - under this government - someone on $1 million will be over $16,000 better off every year while Australians on $30,000 and $40,000 will have to pay more.'

The opposition leader will emphasise budgets are about 'choices'.

'(Mr Turnbull's) chosen his own political survival over everything else.'

With many commentators describing the 2017 budget as 'Labor lite', Mr Shorten will describe it as 'Liberal through and through'.

The opposition leader will emphasise budgets are about 'choices' during Thursday reply speech

With many commentators describing the 2017 budget as 'Labor lite', Mr Shorten will describe it as 'Liberal through and through'

'At a time when the government is asking every other working Australian to pay a higher rate of tax, Labor will not support spending at least $1.2 billion each year on the wealthiest two per cent,' Mr Shorten will tell parliament