The new Australian government (elected last month) plans to cut foreign aid by $4.5 billion over the next four years. In my view, this is unacceptable. But I am aware that people do have different opinions on this issues.
Here I would like to point Christians to the following discussions.
(1) Two blog posts from Micah Challenge Australia
(2) One reason why some people think that foreign aid should be cut is that Australia as a high national debt. This article at ETHOS Engage Mail may be of interest.
For more resources, including what the Bible has to say, one can take a look at the Micah Challenge Australia webpage.