TREASURY has warned Joe Hockey of an $18 billion spending burden that will destroy his plan for a “path to surplus” unless drastic action is taken in May to overhaul the federal budget…
[The] Treasurer warned of a “time bomb” from Labor spending that was not revealed last year because it flowed after the four years of the budget forecast period.
The outlays will be included in the budget for the first time in May because the forecast period now includes the 2017-18 financial year, intensifying pressure on the government to slash outlays…
The sharp rise is mostly the result of Labor’s decisions in government to increase spending on foreign aid, education, hospitals and the National Disability Insurance Scheme…
The NDIS starts becoming very expensive beyond 2017-18, with its cost doubling to $5bn in that year and doubling again over the next two years to reach just under $10bn.
The Gonski school funding reforms cost $1.2bn in 2016-17 and there is no further increase in the following year, but the cost rises sharply to $3.8bn by 2019-20.
Much more damaging to the budget are Labor’s health funding reforms, under which the commonwealth has promised to inject $16.5bn into state-run public hospitals over a five-year period, with the commonwealth’s share of hospital costs rising to 50 per cent by July 2017.
So the labor Massive Losers have spent right up to the 4 year forward esitmates and beyond with no money in the kick?. Doesn't that include the massive Labor promise of Gonski & NDIS?? you know the "all glory but no money announcements they were so fond of"
Love the comments of lies!! lies!! all lies!! even when presented with factual information it's still all lies 
if it wasn't such a poor joke it would be funny.
What did Hockey say to his wife when he came home from the casino at 4 AM with empty pockets and no shirt ?
