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AAP
AAP
Politics
Tess Ikonomou

Compensation payments for veterans grow by billions

Savings measures in the federal budget risk undermining veterans' well-being, advocates warn. (Dave Hunt/AAP PHOTOS)

Spending on veteran compensation and health payments has grown by $5 billion in the past four years, as advocates warn new savings measures in the federal budget risk undermining overall well-being.

The Albanese government has increased funding for income support, health care and other services for veterans every year since it took office in 2022, with the annual cost coming in at $15 billion for the 2025/26 financial year.

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