The government's budget test for Labor

The coalition is pressuring Labor to pass more than $6 billion in budget savings measures it supported during the federal election.

BUDGET MEASURES THE COALITION SAYS LABOR PROMISED TO BACK

* Change repayment thresholds on uni student loans - $3m

* Change higher education indexation - $55m

* End discounts for up-front payment of uni loans - $22m

* End the job commitment bonus for long-term unemployed - $242m

* Cut funding to Australian Renewable Energy Agency - $1.02b

* Freeze Medicare levy and private health insurance rebate income levels - $371m

* Improve compliance with aged care provider funding - $82m

* Cuts to public dental scheme - $52m

* Make all newly-arrived residents wait for welfare, even when joining family - $313m

* Remove grandfathering of student start-up scholarships - $406m

* Interest on debts of former welfare recipients - $387m

* More welfare debt recovery - $208m

* Include parental leave pay as income for welfare purposes - $134m

* Change to fringe benefit totals for assessing family and youth payments - $132m

* Remove backdating provisions for carer allowances - $109m

* Family Tax Benefit Part A changes - $183m

* Treat rental income the same for pension income test as aged care means test - $117m

* Take actual parental income into account for calculating family and student payments - $59m

* Remove clean energy supplement - $1.3b

* Cut rates of R&D tax offsets - $990m

* Introduce single touch payroll reporting for employers - $268m

TOTAL $6.492 billion


Share
Published 17 August 2016 9:16am
Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world