2014 Budget — The dental industry's overview
To provide manufacturers and suppliers of quality dental products with an understanding of the commercial environment in which they do business, the Australian Dental Industry Association (ADIA) is pleased to provide this overview of key budget measures.
The following information is drawn from the Australian Government budget papers and discussions that ADIA has had with Ministers and senior departmental staff on budget day. A more detailed assessment was provided at the aforementioned ADIA State Branch Briefings held in Adelaide, Brisbane, Melbourne, Perth and Sydney.
2014 Budget — Commission of audit report
The Commission of Audit was tasked to review the scope and efficiency of the Australian Government, to review the state of its finances and to advise on steps to be taken in ensuring Australia’s long-term fiscal strategy is responsible and sustainable. Its recommendations provided the context in which the 2014 Australian Government budget was drafted. [Read More]
2014 Budget — Regulatory harmonisation
There are a number of measures to support businesses assisting mature-age and young people back to work and are programmes that allow businesses to create jobs in the dental industry. [Read More]
2014 Budget — Medical research future fund
The budget will establish the Medical Research Future Fund, a $20 billion initiative that will help realise the huge opportunities for research to boost illness prevention and promote early intervention, reducing health costs while improving health outcomes and delivering better quality of life. [Read More]
2014 Budget — Dental care spending
This budget changes funding for the national partnership agreement on adult dental services, cuts the flexible grants program and amends reimbursement for veterans dental services. Savings from this measure will be invested by the Australian Government in the Medical Research Future Fund. [Read More]
2014 Budget — Healthcare spending
The Government will provide funding in 2014-15 to continue the harmonisation and alignment of schemes for the regulation of therapeutic products between Australia and New Zealand. The expenditure for this measure is not for publication due to ongoing negotiations with the New Zealand Government. [Read More]
As the peak business organisation representing suppliers of products and services to dental professionals, ADIA enjoys strong and positive relationships with key ministers, their advisors and senior departmental staff. These relationships were used to progress key policy issues of concern prior to the 2014 Australian Government budget.
Member Engagement —
ADIA provides leadership, strategy, advocacy and support. Our members set our agenda, fund our activities and directly benefit from the results. With respect to the Association's work to ensure that the initiatives within the 2014 Australian Government budget support the dental industry, the team in the ADIA national office receive advice and guidance from members serving on the ADIA-BAC Business Affairs Committee.
Further Information —
To keep up to date with how ADIA is working to ensure that the Australian Government budget supports the dental industry, subscribe to the Twitter feed @AusDental or follow us on Facebook at www.facebook.com/dental.industry. Alternatively, you can contact the Association via email at email@example.com or by telephone on 1300 943 094.
This information is available for your use under a Creative Commons Attribution 3.0 Australia licence, with the exception of the ADIA logo, other images and where otherwise stated.
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