Funding for commuter car parks, dams and controversial regional infrastructure grants has been scrapped as Labor banks $22 billion from slower spending and cuts to waste.
Finance Minister Katy Gallagher used Tuesday’s budget to confirm $6.5 billion in savings from delayed infrastructure projects and $3.6 billion from winding back big four consulting contracts and labour hire in the public service.
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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com