Saturday, August 14, 2010

Labor reveals extra $400m savings - The Canberra Times
LABOR has revealed almost $400million in extra savings, including cutting funding for job service providers, climate change measures and its green car innovation program.

The new savings take Labor's total planned cuts to $3.455billion over the next four years, effectively offsetting its $3.452billion of promises.

The green car innovation fund will be cut by $200million to ''better reflect demand'', $79.5million will go from job service providers in a bid to ''remove the overlap and duplication in funding sources''. The Retooling for Climate Change program will lose another $37.6million and Labor will scrap a promised $12.7million information and communications technology-enabled laboratory.

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