GOVERNMENT FINANCE MONITORING

248 Mr HAMILTON-SMITH (Waite—Leader of the Opposition) (23 October 2007). With respect to 2007-08 Budget Paper 4 Volume 1—page 3.5, what arrangements are currently in place to support the target entitled 'Finalise arrangements for quarterly monitoring of consolidated financial reports for the general government sector', what further changes are necessary and what is the timeframe for its implementation?

The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations): I am advised that arrangements are currently being finalised and the infrastructure is now in place for the production of quarterly consolidated financial reports for the general Government sector. It is anticipated that consolidated reports will be available to supplement the detailed agency monitoring and summary general government budget information already provided for regular Cabinet consideration, in the 2008-09 financial year.