GDP rose by 0.2% q/q (1.0% y/y) marginally weaker than we expected (and in line with consensus).
Article
May 13, 2015
What the Budget means for Health
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
