Senate debates
Tuesday, 9 October 2012
Questions on Notice
Strategic Reform Program (Question No. 2038)
Bob Carr (NSW, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source
The Minister for Defence has provided the following answer to the honourable senator's question:
Cost reductions under the Strategic Reform Program (SRP) are based on annual budgets. In 2011-12 the cost reduction target under the SRP is $1284 million. This will be achieved through initiatives under seven SRP streams distributed as follows:
(a) Information and Communication Technologies - $147 million;
(b) Smart Sustainment (including Inventory) - $370 million;
(c) Logistics - $8 million;
(d) Non-equipment Procurement - $207 million;
(e) Reserves - $28 million;
(f) Workforce and Shared Services - $238 million; and
(g) Other cost reductions - $286 million.
*Summation variances are due to rounding
These figures have been updated since their publication in "Strategic Reform Program: Delivering Force 2030".
Defence will publish the stream cost reductions achieved for the full financial year in the Defence Annual Report 2011-12 which will be released in late 2012.
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