Australia's governmental aid funding is used to "expand trade, create jobs, build skills, boost incomes, reduce economic insecurity, and empower women and girls" (DFAT) in order to contribute to Australia's economic diplomacy efforts and deliver greater prosperity to Australia, the Asia-Pacific region, and the world. Australia gives to other countries to improve governance, help communities sustain themselves and aid in emergency situations.
For example, The Enhanced Cooperation Program (EPC) is a bilateral agreement between the governments of Australia and PNG.
Aid given by Australia has, in recent years, been on a steady decline after once being one of the world's top givers. The Abbott government abolished AusAID and in the latest 2014-2015 budget, Australia's foreign aid spending was cut by $7.6 billion.
For example, The Enhanced Cooperation Program (EPC) is a bilateral agreement between the governments of Australia and PNG.
Aid given by Australia has, in recent years, been on a steady decline after once being one of the world's top givers. The Abbott government abolished AusAID and in the latest 2014-2015 budget, Australia's foreign aid spending was cut by $7.6 billion.