Thursday, May 11, 2006

Education the loser in spending war

What happened to the clever country?

The budget shows the Federal Government will spend much more on soldiers than scholars in the years ahead.

Defence has overtaken education as the third biggest area of federal expenditure following welfare and health.

And that pecking order is set to become entrenched.

Defence and education have been neck and neck as a proportion of federal spending for the past five years but Tuesday's budget has ensured defence will streak ahead.

Spending on defence will be $17.9 billion next financial year compared with spending of $16.3 billion on education, the budget papers show.

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