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Sat, December 14, 2024
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[ 10:00 AM ] - Sydney Morning Herald
Veterans' claims add $1.8 billion, driving budget further into red

Veterans' claims add $1.8 billion, driving budget further into red


Published on 2024-12-14 10:00:38 - Sydney Morning Herald
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  • After being left with a huge backlog in veterans' financial assistance claims, the government is facing another $3.5 billion in payments.

The article from The Sydney Morning Herald discusses how veterans' compensation claims have added an unexpected $1.8 billion to Australia's federal budget deficit, pushing it further into the red. This increase is attributed to a surge in claims from former military personnel, particularly those suffering from mental health issues like PTSD, following changes in eligibility criteria and increased awareness of support services. The government had previously underestimated these costs, leading to a significant budget blowout. The article highlights the strain on the Department of Veterans' Affairs, which is now processing claims at a record pace, and notes that this situation has sparked a debate on the adequacy of support for veterans and the sustainability of current funding models. Additionally, it mentions that the government is considering policy adjustments to manage the rising costs while ensuring veterans receive the support they need.

Read the Full Sydney Morning Herald Article at:
[ https://www.smh.com.au/politics/federal/veterans-claims-add-1-8-billion-driving-budget-further-into-red-20241211-p5kxge.html ]
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