Swan's surplus sorcery?

The Gillard government has promised a tough budget and with the surplus goal in its sights, we look at 13 programs worth over $500 million that are likely targets for cuts and deferrals.

The Gillard government has been talking-up how tough tonight’s budget will be, and is desperate to post a surplus for the 2012-13 financial year. While a significant proportion of the funding for emission mitigation programs has been wrapped-up into an agreement with the Greens over the Clean Energy Future package, there is wiggle room available.

Below is a brief run-down of options open to Treasurer Wayne Swan the government to improve the 2012-13 budget bottom-line.

Prime candidates for cuts and deferrals

Dept of Resources, Energy and Tourism (DRET) - Connecting Renewables to the Grid - $48m

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