At a glance: Maternity allowance: $816, means-tested to phase out from $61,020 income. Tax: One Nation tax cuts (favouring middle incomes) axed. Super: Government to match $1 for $1 employee super contributions. Awards to make employees contribute 1 per cent in 1997 rising to 3 per cent in 1999. Government contribution limit: 3 per cent of average weekly earnings ($998). Means tested to cut out at double average earnings ($66,550). Asset sales: Government to sell remaining 50.4 per cent of Commonwealth bank. Cigarettes: Up 27c a packet. Health: Medicare levy up from 1.4 per cent to 1.5 per cent; Pharmaceutical Benefits safety net up from $407 to $600. Education: 5850 new tertiary places. HECS repayments to be faster. Foreigners to pay HECS up front. Company tax: Up 33 to 36 per cent. Sales tax: Car tax from 16 to 21 per cent. Some building materials up 12 per cent: Balance: Goes from $12.2 billion deficit in 1994-95 to $718 million surplus in 1995-96. ACT: First time Commonwealth funding per head is below national average. Selling Melbourne Building. Nothing for Aboriginal gallery.
$5.2 to refurbish Old Parliament. Environment: $217 over four years for coast clean-up. Sport: $3m extra for drug testing for Sydney Olympics. Arts: $11.6m for National Film and Sound Archive accommodation expansion. Public Service efficiency: 1.4 per cent across-the-board cuts, savings of $640 million over 4 years. Foreign Aid: Up $83m but static in real terms at 0.33 per cent of GNP. Social Security: Streamlining of assets test and applications. Defence: Jindavik abandoned. $56m for Russell. Forecasts: GDP 3 and three-quarters per cent; CPI 4 per cent; unemployment June quarter 8 per cent; employment growth 3 per cent; average earnings up 4 and a half per cent; business investment up 13 per cent; current account deficit $27 billion.