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Hospital-based costing was performed using both bottom-up and micro-costing methods.
In particular, hospital-based costing was performed using both bottom-up and micro-costing methods and aggregation was subsequently conducted for all costs related to medical services used by a group of hospitalized patients [ 16, 17].
No costing was announced with the policy.
Labor's costing was done by the Parliamentary Budget Office.
The costing was predicated on its losing 100 of the 550 staff.
The Victorian premier, Daniel Andrews, said its costing was based on "the current policy settings of the Liberal federal government, so we're doing it all".
Cong declined to reveal what it would cost the government to implement the plan, saying the costing was still at an early stage.
As the costing was completed in November 2015 – before the government's proposed changes to superannuation announced in the 2016 budget – the analysis assumed the policy would start in July 2016 and would apply to contributions made after 1 July 2006.
But no costing was provided in Tuesday's budget, making it difficult to compare the revenue the government is giving up through the tax cuts with the revenue it is collecting in other areas, or to assess the risk of big future budgetary shortfalls.
Similar(2)
Bottom-up micro-costing was used to estimate intervention costs.
Micro-costing was employed to arrive at the most precise cost estimates.
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