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At-a-glance: Abbott's spending cuts

Details of the $1.2 billion expenditure cuts announced by Opposition Leader Tony Abbott.

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1 min read

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Source: AAP


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Details of the $1.2 billion expenditure cuts announced by Opposition Leader Tony Abbott:

- Axing state infrastructure fund which was to be funded from mining tax revenue $400m.

- Abolishing Enterprise Connect $101.6m.

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- Discontinuing Green Building Fund $5m.

- Discontinuing retooling for climate change initiatives $39.8m.

- Canning plans for a carbon capture and storage institute $300m.

- Abandoning Australia's campaign for a temporary seat on the United Nations Security Council $100m.

- Limiting COAG meetings to two a year and holding them in Canberra only $0.3m


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