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Slash Government Waste
One Nation is committed to slashing wasteful government spending and implementing significant budget savings of up to $90 billion per year. These savings will be achieved through targeted reforms and streamlined operations to eliminate inefficiencies and redirect funds where they are most needed.
Our plan includes:
Eliminating Wasteful Departments and Agencies
- Abolish the Department of Climate Change and related agencies, programs, and regulations, saving approximately $30 billion per year.
- Abolish the National Indigenous Australians Agency (NIAA) and bypass the Aboriginal industry by providing direct grant assistance to those in need, saving up to $12.5 billion annually.
Streamlining Federal Functions
- Conduct a review of the functions and costs of the Federal Departments of Education and Housing to eliminate duplication with state governments.
- Remove costly building code mandates, such as requiring all new dwellings to be wheelchair-compliant.
Reforming the National Disability Insurance Scheme (NDIS)
- Return the NDIS to its original purpose of providing reasonable and necessary support.
- Introduce means-testing and adjust specialist and non-specialist pay rates to sustainable levels, creating savings through equitable reforms.
Restructuring Global and Multicultural Funding
- Withdraw from international agreements and organizations such as the United Nations, the World Health Organization, and the Paris Agreement, saving up to $1 billion per year.
- Redirect and reduce foreign aid spending, saving up to $3 billion annually.
- Review and reduce funding for arts and multicultural programs.
Integrating Healthcare Oversight
- Abolish the Therapeutic Goods Administration (TGA) and roll its essential functions into the Department of Health.
- Review $3 billion worth of medications approved for the Pharmaceutical Benefits Scheme (PBS) during the pandemic.
Debt Reduction and National Infrastructure
- Use some of the savings to reduce Federal debt, which is expected to accrue interest costs of $50 billion annually by 2026-27.
- Prioritise investments in nation-building projects such as dams, railways, and port upgrades to stimulate long-term economic growth and wealth creation.
End the Gas Rort
- We will end the rort on natural gas by levying royalties at the point of production, creating a domestic gas reserve, raising up to $13 billion per year
Through these reforms, One Nation will not only slash $90 billion in wasteful spending but also position Australia for a more sustainable and prosperous economic future.
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