Jeremy Corbyn's shadow chancellor John McDonnell says the party does want to eliminate Britain's structural deficit, to deliver an overall surplus by 2020 and then a budget surplus in "normal times".
Deputy leader Tom Watson says the party is "united" against austerity, suggesting the deficit will be closed by tax rises instead of spending cuts - a clear dividing line from the Tories.
Corbyn says he will stick with Ed Miliband's plan to return the top rate of tax to 50 per cent.
Labour also wants to reverse George Osborne's £1million inheritance tax threshold and reduce it to around £300,000. McDonnell wants to scrap the corporation tax cuts and use them to get rid of tuition fees.
Britain's nuclear deterrent was meant to be debated at conference this week but a deal with the unions and constituency parties kept it off the floor - giving Corbyn (who doesn't want to replace it) and his shadow cabinet (the majority of whom disagree with their leader) time to sort out a position. In any event, MPs are likely to be given a free vote.
David Cameron is expected to call a vote in Parliament for permission to launch air strikes against Isis in Syria. After a meeting between Corbyn and shadow foreign secretary Hillary Ben, Labour said they could potentially back air strikes, but only if they were approved by the UN Security Council.
One policy area where Corbyn's Labour is united. If the party regained power in 2020 rail franchises would return to public ownership, taking around a decade to complete.