Estimates Committee A - Answers to Questions
Fifty-Second Parliament, First Session (52-1)
52
1
Parliament of South Australia
Estimates Committee A - Answers to Questions
published
Estimates Replies
Taxation, GST and Royalty Revenue
TAXATION, GST AND ROYALTY REVENUE
The Hon. I.F. EVANS
House of Assembly
Davenport
TAXATION, GST AND ROYALTY REVENUE
In reply to the Hon. I.F. EVANS (Davenport) (7 October 2010).
The Hon. K.O. FOLEY
House of Assembly
Port Adelaide
Deputy Premier
Minister for Federal/State Relations
Minister for Defence Industries
TAXATION, GST AND ROYALTY REVENUE
The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Federal/State Relations, Minister for Defence Industries): The Honourable Member I. Evans asked for a year by year breakdown of the estimated $1.4 billion tax, GST and royalty revenue shortfall figure quoted in the 2010 11 Budget papers.
The $1.4 billion estimate relates to total revisions to revenue from taxation, GST and royalties over the period 2008-09 to 2012-13 between the 2008 09 Budget and 2010-11 Budget, and excludes the impact of taxation and royalty measures introduced in the 2010-11 Budget.
A year by year breakdown is provided in the table below:
|
2008-09$m |
2009-10$m |
2010-11$m |
2011-12$m |
2012-13(a)$m |
Total$m |
| 2008-09 Budget |
| Taxation |
3 615.5 |
3 699.2 |
3 839.3 |
4 026.0 |
4 207.0 |
19 387.1 |
| GST and transitional assistance |
4 169.7 |
4 453.2 |
4 630.2 |
4 893.4 |
5 126.0 |
23 272.5 |
| Royalties |
163.5 |
183.8 |
185.5 |
193.8 |
194.0 |
920.6 |
| Total at 2008-09 Budget |
7 948.7 |
8 336.2 |
8 655.0 |
9 113.2 |
9 527.0 |
43 580.2 |
| 2010-11 Budget |
| Taxation(b) |
3 536.7 |
3 640.5 |
3 887.1 |
4 184.9 |
4 410.1 |
19 659.4 |
| GST and transitional assistance |
3 820.4 |
4 060.4 |
4 458.1 |
4 580.7 |
4 817.4 |
21 737.0 |
| Royalties(b) |
152.4 |
125.0 |
160.9 |
186.8 |
203.4 |
828.5 |
| Total at 2010-11 Budget |
7 509.5 |
7 825.9 |
8 506.1 |
8 952.4 |
9 430.9 |
42 224.8 |
| Revision since 2008-09 Budget |
-439.2 |
-510.3 |
-148.9 |
-160.8 |
-96.1 |
-1 355.4 |
(a)	2012-13 estimates not published in 2008-09 Budget.
(b)	Excludes taxation and royalty measures announced in the 2010-11 Budget of -$29.2 million in 2010-11, $13.5 million in 2011-12 and $40.9 million in 2012-13.