Thousands of Canberra-based public servants will lose their jobs to help get the economy back in the black, under a federal budget that pushes a new round of middle-class welfare initiatives.
In the biggest attack on the federal bureaucracy since the late 1990s, when John Howard came to power and put the ACT into recession, more than 4200 fulltime jobs will go in the coming financial year alone, with few government agencies being spared the axe.
About 1500 of the initial job losses will be directly from the ACT.
The territory government is also reeling after learning the federal budget will deliver $34.5 million less than expected in the GST carve-up.
Treasurer Wayne Swan handed down his fifth budget last night, forecasting four years of budget surpluses and significant cuts to public service staffing levels and spending…
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