InDaily InDaily

Support independent Journalism Donate Subscribe
Support independent journalism


Welfare facing chop in mini-Budget


The federal mid-year budget review is expected to find significant savings in welfare through a crackdown on fraud and administration improvements.

4 Comments Print article

Treasurer Scott Morrison and Finance Minister Mathias Cormann will release the mid-year economic and fiscal outlook in Perth this afternoon, a document that is expected to show marked deterioration in deficits over the next four years and a cut in economic growth forecasts.

Cormann told ABC Radio there would be “significant focus on integrity measures” to ensure welfare is directed to those who are entitled and most in need of government support.

“We’ve made a real concerted effort to improve the integrity of the payment system to ensure spending is efficient and effective as possible,” he said.

Cormann played down predictions of horrendous debt figures.

“We have been able to improve the budget bottom line, by offsetting any spending increase,” he said.

“Overall spending will be lower in this budget update than what was anticipated at budget time.”

He ruled out further cuts to the foreign aid budget, which had been raided previously.

There would be new expenditure to resettle 12,000 refugees from Syria and for cancer drug treatment subsidies, he said.


Make a comment View comment guidelines

Local News Matters

Media diversity is under threat in Australia – nowhere more so than in South Australia. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Your contribution goes directly to helping our journalists uncover the facts. Please click below to help InDaily continue to uncover the facts.

Donate today
Powered by PressPatron


4 Show comments Hide comments
Will my comment be published? Read the guidelines.

More Business stories

Loading next article