Hundreds of millions in Pacific package to be unveiled in budget

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The treasurer has warned next week's budget will be weighed down by debt interest payments worth billions, even as the bottom line is bolstered by healthy revenue from resource exports.

The government will pour some of that money into the pacific, preparing to unveil a new assistance package worth hundreds of millions of dollars in environmental, military and economic support.

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The ABC has confirmed the additional "whole of government" funding, which is likely to involve the deployment of more Australian military personnel and federal police officers, will be worth "hundreds of millions of dollars".

Sources with knowledge of the budget package say cabinet's razor gang only approved the "substantial" investment in the past two weeks, after first examining more expensive policy options that involved far greater spending in the Pacific.

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Category: News and politics
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