Part 3: Capital Measures (continued)
Smaller Government — Surplus Commonwealth Properties — divestment
|Department of Finance||‑||‑15.2||‑9.3||‑0.4||‑|
|Related expense ($m)|
|Department of Finance||‑||2.2||0.1||0.1||‑|
The Government will achieve savings of $22.5 million over three years through the progressive sale of a number of non‑Defence surplus Commonwealth properties.
The savings from this measure will be redirected by the Government to repair the Budget and fund policy priorities.
The Lodge refurbishment — additional funding
|Department of Finance||‑||nfp||‑||‑||‑|
The Government will provide additional funding to finalise essential maintenance and refurbishment work for the Lodge which commenced in 2013. The cost of this measure is not for publication due to commercial‑in‑confidence considerations.
This measure extends on the 2013‑14 Budget measure titled Maintenance work for the Lodge and the John Gorton Building.