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Australian Government Coat of Arms

Budget | 2015-16

Budget 2015-16
Australian Government Coat of Arms, Budget 2015-16
  1. budget.gov.au
  2. 2015‑16
  3. Budget Paper No. 2
  4. Part 3: Capital Measures
  5. Foreign Affairs and Trade

Part 3: Capital Measures (continued)

Foreign Affairs and Trade

Bangkok and Jakarta Chanceries — divestment

Capital ($m)
2014‑15 2015‑16 2016‑17 2017‑18 2018‑19
Department of Foreign Affairs and Trade ‑ nfp nfp nfp nfp

The Government will achieve proceeds from the sale of the existing chanceries in Jakarta and Bangkok. New chanceries are currently being constructed in these locations.

For commercial confidentiality reasons, the overall positive financial impact of this measure is not for publication (nfp) at this time.

The proceeds from this measure will be redirected to offset the Washington Chancery — construction measure.

Washington Chancery — construction

Capital ($m)
2014‑15 2015‑16 2016‑17 2017‑18 2018‑19
Department of Foreign Affairs and Trade ‑ 0.7 9.4 30.8 36.2

The Government will provide $236.9 million over seven years from 2015‑16, for the construction of a new Australian chancery in Washington DC, to replace the existing embassy building which has major defects. Funding includes the demolition and temporary relocation of the embassy during construction of the new chancery.