Sun, December 15, 2024
Sat, December 14, 2024
[ Sat, Dec 14th 2024 ]: johnmenadue.com
How Israel Lost its Soul
[ Sat, Dec 14th 2024 ]: MSN
Why Reform UK is doing so well
[ Sat, Dec 14th 2024 ]: Graphic
Election 2024: Do Polls Matter?
Fri, December 13, 2024

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


  Copy link into your clipboard //politics-government.news-articles.net/content/ .. 1-8-billion-driving-budget-further-into-red.html
  Print publication without navigation Published in Politics and Government on by Sydney Morning Herald
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  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 ]

Publication Contributing Sources