The budget provides $98.
3 million for five new overseas Australian missions in Doha, Qatar;Buka, Bougainville PNG; Makassar, Indonesia; Ulaanbaatar Mongolia; and Phuket, Thailand.
The Australian embassy in Washington will also get some new digs.
There’s also $50 million for a gender equality and women’s empowerment fund.
WHAT’S IN THE BUDGET FOR FOREIGN AFFAIRS?
* Australian official aid budget cut to $4 billion in 2015-16, less than the $5 billion cut the previous year.
* $98.3 million over four years for five new overseas Australian missions;
– Doha, Qatar,
– Buka, Bougainville PNG,
– Makassar, Indonesia
– Ulaanbaatar Mongolia
– Phuket, Thailand
* Australian embassy in Washington to get a new home but cost unknown.
* $50 million towards a gender equality and women’s empowerment fund.
* $138.4 million over two years to continue diplomatic presence in Afghanistan and security.
* $106 million over two years continue diplomatic presence in Baghdad, Iraq and security.
OFFSHORE BUDGET MEASURES WORTH $8B
– $6 billion in new trade agreements with China, Korea, and Japan
– $1 billion cut in foreign aid payments
– Multinational Anti-Avoidance Law to recover unpaid taxes by large international companies that shift profits overseas
– End to the tax free threshold of $20,000 for foreigners on working holidays, which will save $5.4 million
– New fee regime for foreign investment in Australia to deliver $735 million in revenue
– Foreign businesses supplying digital products subject to GST to raise $350 million
– Plans to reclaim $140 million over ten years in HECS debt owed by expatriates