Australia's Public Service Saves $1B, Reprioritizes Defence Budget
Update: 2025-12-15
Description
Treasurer Jim Chalmers prepares to unveil nearly one billion dollars in additional savings and reprioritizations across the Australian Public Service, aiming to manage the expected budget deficit. Finance Minister Katy Gallagher announces an extra four hundred million dollars in savings next fiscal year through reduced contractor and temporary staff use, and cut non-wage expenses. The total non-wage public service savings reach six point eight billion dollars over four years. The mid-year budget update also includes five hundred seventy-four million dollars in reprioritizations within the Defence portfolio, despite increased military spending. The government seeks to find twenty-five billion dollars to cover new spending in areas like veterans support, natural disaster relief, and the aged pension.
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