2 March 2007
Federal Labor today announced a massive savings plan to cut out $3
billion of Howard Government waste.
These $3 billion in savings across the 4 years of the federal budget will put
downward pressure on inflation and interest rates.
Labor’s savings plan includes:
• Saving $394 million by scrapping the Howard Government’s
extreme work laws;
• Cutting $350 million worth of Howard Government political
advertising; and
• A $395 million cut in the use of consultants in the Commonwealth
public service.
(A full list of savings is attached below)
A Rudd Labor Government will use its $3 billion savings plan to cut
wasteful spending and increase investment in productivity drivers like
education, skills and infrastructure.
Complacency and lack of discipline by the Howard Government has
allowed unnecessary spending to flourish. Splurges of taxpayers dollars on
political advertising and high cost consultants are proof of that fact.
If introduced today, Labor’s savings would save $3 billion over the Budget
estimates period. Labor will continue to pursue savings options, and make
further savings announcements prior to the election.
LABOR’S $3 BILLION SAVINGS PLAN
Federal Labor today announced a massive savings plan to cut out $3
billion of Howard Government waste.
These $3 billion in savings across the 4 years of the federal budget will put
downward pressure on inflation and interest rates.
Labor’s savings plan includes:
• Saving $394 million by scrapping the Howard Government’s
extreme work laws;
• Cutting $350 million worth of Howard Government political
advertising; and
• A $395 million cut in the use of consultants in the Commonwealth
public service.
(A full list of savings is attached below)
A Rudd Labor Government will use its $3 billion savings plan to cut
wasteful spending and increase investment in productivity drivers like
education, skills and infrastructure.
Complacency and lack of discipline by the Howard Government has
allowed unnecessary spending to flourish. Splurges of taxpayers dollars on
political advertising and high cost consultants are proof of that fact.
If introduced today, Labor’s savings would save $3 billion over the Budget
estimates period. Labor will continue to pursue savings options, and make
further savings announcements prior to the election.
This sensible and disciplined savings plan will put downward pressure on
inflation and interest rates. Labor’s savings include and build on the
$1 billion of savings announced in November 2006
2 March 2007
