The Abbott government can remedy its 'budget emergency' by implementing measures that will save an estimated $20 billion a year, says a new report from The Centre for Independent Studies.
Emergency Budget Repair Kit
| CIS Budget Fix | Annual Savings ($ millions) |
| 1. Reform the Family Tax Benefit | 5,900 |
| 2. Shut down or sell SBS and ABC3 | 250-350 |
| 3. End corporate welfare | 8,000 |
| 4. Abolish the federal Department of Education | 130 |
| 5. Stop rorting by providers and consumers in health | 720 |
| 6. End duplication in Agriculture | 650-1,220 |
| 7. Bring back Medicare co-payments | 1,460 |
| 8. Curb indexation of income support payments | 1,000-2,000 |
| 9. Stop paying for ineffective mental health rebates | 630 |
| ESTIMATED TOTAL SAVINGS | $18.7 billion-$20.4 billion |
Simon Cowan is a Research Fellow at The Centre for Independent Studies and the spokesperson for TARGET30
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