Senate debates

Wednesday, 22 March 2017

Bills

Social Services Legislation Amendment Bill 2017; In Committee

11:49 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

In relation to 2017-18 the pause in indexation is expected to save $230 million, in 2018-19 $560 million, 2019-20 also $560 million, and that comes to the number that is indicated in the explanatory memorandum. There are some small variations between cash and fiscal, but that is it, essentially, broadly.

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