Diplomatic footprint to be expanded

Australia is set to expand its diplomatic footprint.





The budget provides $98.3 million for five new overseas Australian missions in Doha, Qatar;Buka, Bougainville PNG; Makassar, Indonesia; Ulaanbaatar Mongolia; and Phuket, Thailand.

The Australian embassy in Washington will also get some new digs.

There's also $50 million for a gender equality and women's empowerment fund.

WHAT'S IN THE BUDGET FOR FOREIGN AFFAIRS?

* Australian official aid budget cut to $4 billion in 2015-16, less than the $5 billion cut the previous year.

* $98.3 million over four years for five new overseas Australian missions;

- Doha, Qatar,

- Buka, Bougainville PNG,

- Makassar, Indonesia

- Ulaanbaatar Mongolia

- Phuket, Thailand

* Australian embassy in Washington to get a new home but cost unknown.

* $50 million towards a gender equality and women's empowerment fund.

* $138.4 million over two years to continue diplomatic presence in Afghanistan and security.

* $106 million over two years continue diplomatic presence in Baghdad, Iraq and security.

OFFSHORE BUDGET MEASURES WORTH $8B

- $6 billion in new trade agreements with China, Korea, and Japan

- $1 billion cut in foreign aid payments

- Multinational Anti-Avoidance Law to recover unpaid taxes by large international companies that shift profits overseas

- End to the tax free threshold of $20,000 for foreigners on working holidays, which will save $5.4 million

- New fee regime for foreign investment in Australia to deliver $735 million in revenue

- Foreign businesses supplying digital products subject to GST to raise $350 million

- Plans to reclaim $140 million over ten years in HECS debt owed by expatriates


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Source: AAP

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