In the past the Federal Government promised to reduce spending on big infrastructure projects. In 2010 it announced it would cut by 1.5 per cent the amount it spends on each $1 billion in public investment.
In its final Spending Review the Department of Health estimated, based on a 1.5 per cent reduction in expenditure, that in 2020-21 it would be spending $60 billion on health.
The Government promised to reduce the level of public expenditure spent on schools by 3.5 per cent, schools and colleges by 2 per cent and health by 4 per cent.
The Budget announced it would cut health spending by 5 per cent. The health minister is expected to deliver on this promise in the Spending Review.
How much does each government save by cutting spending?
A number of government departments have already announced plans to move their expenditure to the bottom of the public service budget. These projects are designed to help achieve fiscal consolidation. The Budget did not identify whether any funds would be shifted to community service programs.
It would be helpful to know which agencies have had to cut budgets and to what degree.
The minister for health, Sussan Ley, has announced she will move $15.8 billion towards community service and school service in the budget by 2017/18.
She says this will be an offset against increases in personal health services spending.
Minister for Education Christopher Pyne said he’d make savings through his school reforms program – which will save taxpayers around $11 billion over five years.
There will be $20 million saved on school staff and teachers this financial year, compared to last.
The minister announced $10.7 billion worth of spending cuts this financial year.
A simple but effective way of finding out your average level of satisfaction, expressed as a percentage, with some of the games you own.
Simply press Ctrl+Z, and enter your current satisfaction level. This will show the difference between your average level and the “average” or “maximum” level of any game you own.
To reset the numbers, simply press Ctrl+Z again.
A quick and easy way to remember your current satisfaction level!
For years, doctors have been advising people that smoking can cause cancer. But a new study from the University of California San Francisco has found that even after adjusting for tobacco use, smokers who smoke cigarettes are still at a significant elevated risk for early-stage oral cancer
alberta government loans for small businesses, us government grants department scams emails, government funding for small businesses, government grant covid 19 accounting treatment, government funding for new businesses australia