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