More cuts needed to pay for defence, security spending: Hockey

Treasurer Joe Hockey has signalled more budget cuts are on the way to pay for new defence and security spending.

In August, the Government announced a $630 million funding boost for security and intelligence agencies to better deal with the threat of terrorism.

Mr Hockey said he was looking for ways to cover that new spending.

"We are, again, carefully and methodically going through the budget," he said.

more: More cuts needed to pay for defence, security spending: Hockey

Treasurer Joe Hockey has signalled more budget cuts are on the way to pay for new defence and security spending.

In August, the Government announced a $630 million funding boost for security and intelligence agencies to better deal with the threat of terrorism.

Mr Hockey said he was looking for ways to cover that new spending.

"We are, again, carefully and methodically going through the budget," he said.