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The Guardian - AU
The Guardian - AU
National
Katharine Murphy Political editor

Labor’s ‘rorts and waste’ audit to deliver $10bn in savings to federal budget

Treasurer Jim Chalmers at Parliament House in Canberra, Sunday, October 23, 2022.
Tuesday’s federal budget will include an updated economic forecast, with the treasurer, Jim Chalmers, saying predicted higher inflation will dampen wages growth. Photograph: Mick Tsikas/AAP

The Albanese government will bank $10bn in savings from phase 1 of its much-telegraphed “rorts and waste” audit in Tuesday night’s budget, and shuffle another $11bn to better reflect its own policy priorities.

Projects on the chopping block include $475m for the Monash rail project in the electorate of Chisholm, a $50m Napoleon Road upgrade and an $110m Wellington Road upgrade in Alan Tudge’s electorate of Aston, a $260m commitment to remove the Glenferrie Road level crossing in the electorate of Kooyong, and a $7.5m commuter car park commitment in the Sydney seat of Banks.

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