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Budget to address health and ageing: Swan

Two thirds of upcoming budget will relate to health system and challenge of ageing population.

The federal budget will be able to tackle health reform and the ageing population because the government does not have to navigate through the rubble of a recession, the treasurer has said.

Wayne Swan told parliament two thirds of budget submissions relate to the issues of the health system and the challenge of sustaining an aging population.

“We can be confident that we go on to meet these challenges because we are in a far stronger position than many other countries coming out of this global recession,” Swan said in question time recently.

“We don’t have to go through the rubble of a recession.”

He said the government were able to maintain the country’s skills and capital base.

The May 11 budget will also be about capitalising on Australia’s success through the global financial crisis and building sturdier foundations for the economy, Swan said

AAP

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