In The Media
| 3 January 2015
Government running costs to reach record high as disability expenses mount
Departmental expenses – money used to manage government programs – are forecast to soar to an historic high after the 2016 election, reaching more than $70 billion a year.
Even after accounting for inflation, the amount eclipses the previous high in 2005-06, when the Howard government spent billions on a revamp of defence administration.
However, Finance Minister Mathias Cormann, who is tasked with reining in the bureaucracy’s costs, says the rising expenses are “overwhelmingly related to the roll-out of the national disability insurance scheme”.
Source: Sydney Morning Herald