Major cuts and new spending
- $1.7 billion over the next two years to provide access to up to 84.8 million doses of the University of Queensland and University of Oxford vaccines currently in testing. 💉
- $1.1 billion this year for COVID-19 related healthcare, including $711.7 million to extend MBS item funding for detection and $170.8 million to extend funding of dedicated COVID-19 clinics. 💊
- $1.1 billion this year in additional funding to continue paying private hospitals to supplement public hospital capacity and fund state hospitals. 🏥
- $26.7 billion over the next four years in instant asset write offs for businesses with a turnover of less than $5 billion. 🖥
- $17.8 billion to move personal income tax changes up to this year, including an additional $1,080 (or $2,160 couples and families) one-off extension of the low and middle income offsets. 💵
- $3 billion over the next four years for "shovel ready" infrastructure projects – $2 billion for road safety projects and $1 billion for local roads and community projects. 🏗
- $798.8 million in additional NDIS funding over the next four years. ♿
- $1.4 billion in savings in the next four years through "streamlining" of employment services, including uncapping Youth Jobs PaTH places and encouraging the hire of ParentsNext and Disability Employment Services recipients. ✂
Key cuts and spending by policy area