The numbers you need
... is, according to the budget papers, the number of people who took up new private health insurance during the second half of last year. The government is spending a further $2.2 billion over four years to help individuals and families meet the cost of private health insurance through the private health rebate.
0.5 per cent
... is approximately how much the dollar fell by during the budget announcements on the news that the federal government's 2013-14 deficit would be $18 billion. As economists tip US housing data to improve and traders look for any excuse to "sell the Aussie", the dollar, which was trading at more than $US1.10 in July 2011, and above $US1.04 last month was this week touching lows of around $US0.97.
$3.7 billion
... is how much the government has committed since 2007 to cancer care. Budget papers allocate a further $226 million to fight prostate cancer, cancer in younger people, breast screening and lung and bowel cancer.
Frequently Asked Questions about this Article…
According to the budget papers, about 120,000 people took up new private health insurance during the second half of last year.
The government is spending a further $2.2 billion over four years to help individuals and families meet the cost of private health insurance through the private health rebate.
During the budget announcements the Australian dollar fell by approximately 0.5% on the news that the federal government's 2013–14 deficit would be $18 billion.
The budget announced a projected federal government deficit of $18 billion for 2013–14.
Since 2007 the government has committed about $3.7 billion to cancer care.
The budget papers allocate a further $226 million to fight prostate cancer, cancer in younger people, breast screening, and lung and bowel cancer.
Budget numbers signal government spending priorities and can move markets — for example, the deficit news coincided with a roughly 0.5% fall in the Aussie dollar — so investors often watch health spending and deficit figures for potential impacts on sectors, currency and sentiment.
The article notes the Aussie traded above US$1.10 in July 2011, was above US$1.04 last month, and was touching lows around US$0.97 this week.
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