Foreign Aid

Media release

13 May 2013

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:

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.

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