Growth, inflation and labour market all easing
Overall government expenditure is expected to increase with funds going to the Medical Research Future Fund.
Increase in health expenditure will be possible due to the saving of $1.8 bn from rationalising and streamlining health and aged care programs. This includes cuts in the Department of Health bureaucracy, change to workforce programs and an end to constructing new GP super clinics.
To find out what it means for health, download the fact sheet:
For more Federal Budget insight and analysis, visit our Federal Budget hub
© National Australia Bank Limited. ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.