Swan to outline 10 year funding plan in Budget

Swan to outline 10 year funding plan in Budget

Federal Treasurer Wayne Swan will take the unusual step of setting out Labor’s 10 year plan for Disability Care and school funding reforms, when he hands down the Federal budget tonight.

Mr Swan is set to reveal a budget deficit, but also outline the path he would take to get back into surplus if the government wins the September election.

The Disability Care scheme and the Gonski school reforms are set to be the centrepieces of this year’s budget, and Mr Swan will also outline a plan to fund these schemes for the next decade, rather than the usual system of outlining just four years ahead.

Infrastructure is set to be the other major focus of tonight’s budget, aiming to increase job creation, leading to better productivity from road rail and freight.

But the Opposition says any promise made by Mr Swan tonight cannot be trusted, after he has broken his promise of a budget surplus.

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Libby Dreyer
Libby Dreyer 1729 posts

Libby has worked as a Senior Journalist at National Radio News since February 2011. She graduated with a Bachelor of Journalism from the University of Canberra in December 2010.

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