Threatened species out as environmental funding lags

Environmental advocates say there's a lack of funding for threatened species in Labor's budget. (HANDOUT/WWF FOR NATURE)

Conservation groups say the federal budget provides next-to-no money to help biodiversity and threatened ecosystems. 

Labor's third budget allocated cash to the carbon market and the Australian Antarctic Program but environmentalists are bitterly disappointed about a lack of funding for threatened species and the issue of habitat loss.