Key spends, savings in mid-year review

Where the federal government is cutting and spending in the mid-year budget update.

KEY CHANGES ANNOUNCED IN MID-YEAR BUDGET UPDATE

CUTS

* $224.7 million over four years from 2016/17 axing Tony Abbott's Green Army.

* Abandoning Asset Recycling Fund, projected to reduce gross debt by $10 billion.

* Not proceeding with privatisation of the ASIC Registry, saving $4.5 million.

* Ditching the $154 million same-sex marriage plebiscite.

* $170.4 million over two years from 2016/17 by reducing the number of places in the nannies pilot from 3000 to 500.

SPENDING

* $35.8 million over four years from 2016/17 to increase staff for federal politicians.

* $8.1 million over four years from 2016/17 to provide a third staffed electorate office for electorates larger than 350,000 square kilometres.

* $3 million in 2016/17 to the Australian Transport Safety Bureau to finalise MH370 search operations.

* $100 million over four years from 2016/17 for Landcare, as part of Greens' deal on the backpacker tax.

* $22.1 million in 2018/19 to secure the filming of Aquaman on the Gold Coast in 2017.

* $12 million over two years from 2017/18 for new wifi and mobile coverage on NSW Central Coast trains.

* $20.1 million over four years from 2016/17 to increase capabilities of Fair Work Ombudsman in helping vulnerable migrant workers.

* $39.0 million over four years from 2016/17 to support the investigation of matters arising from the trade union royal commission.

* $5.1 million over two years from 2016/17 to continue the operation of the interim embassy in Kyiv, Ukraine.

* $18.4 million in 2016/17 to establish a taskforce to plan for Australia hosting the ASEAN leaders' summit in 2018.

* $1.6 million over two years from 2016/17 for a black economy taskforce.

* $25.6 million over six years from 2016/17 to relocate the Australian Pesticides and Veterinary Medicines Authority from Canberra to Armidale, New South Wales.


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Source: AAP


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Key spends, savings in mid-year review | SBS News