The successful 2001-02 Budget measure for the targeted detection of incorrect payments and fraudulent claims will be continued for a further four years. This measure includes joint compliance activity and data-matching between Centrelink and the Australian Taxation Office (ATO) and funding for reviews arising from tip-offs from the public. It will provide savings for the Departments of Family and Community Services, Employment and Workplace Relations and Education, Science and Training.
This measure comprises three components:
- joint Centrelink - ATO compliance activity;
- data-matching between Centrelink and the ATO to determine undeclared property assets and income; and
- capacity to process reviews arising from the increased 'tip-offs' received from the public.
1 July 2005.
Total Financial Impact
Net savings of $453.6 million over four years, including net savings of $45.0 million over four years in the FaCS portfolio.