The Gillard Government will increase Australia’s Official Development Assistance to a record $5.7 billion in 2013-14.
This is an increase of approximately $500 million or 9.6 per cent on 2012-13 and brings the aid budget to 0.37 per cent of gross national income (GNI).
It will be the highest aid budget in Australian history.
It occurs at a time when aid among OECD countries has fallen by 4 per cent in real terms (over 2012).
Australia remains committed to increasing its aid budget to 0.5 per cent of GNI.
Given substantial write-downs to Budget revenues the Government will however defer this target by one year, to 2017-18.
We have seen great progress towards the Millennium Development Goals in our region, and Australia remains committed to supporting these goals.
That’s why, over the next four years, we will:
• Target malnutrition among women and children in the Asia-Pacific, providing over one million people with better access to food and improved nutrition;
• Lift universal education by supporting an additional 1.2 million children reach school; and
• Increase access to maternal and child health services for a further 900,000 women.
Compare this to the Liberals – their overseas aid budget never reached 0.3 per cent of Gross National Income, and was usually under 0.25 per cent.
Overseas aid has risen in every year of this Government – in total more than $2 billion since 2007/08 – an increase of over 60 per cent.