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Economic Stimulus Package
78 The Hon. S.C. MULLIGHAN (Lee) (3 June 2020). As at 3 June 2020, has all of the $350 million announced as an economic stimulus on 11 March 2020 been allocated to specific initiatives?
(a) Please provide a list of the initiatives, along with an estimated cost for each initiative, that have been approved as at 3 June 2020?
(b) Which initiatives that have so far been approved were already budgeted for expenditure across the state budget's forward estimates period?
(c) As at 3 June 2020, how much of the $350 million has been expended by the government, on which initiatives and what amount per initiative?
The Hon. S.S. MARSHALL (Dunstan—Premier): I have been advised:
(a) The attached table lists for each initiative, the amount estimated to be spent as at 30 June 2020, which is still subject to year-end audit processes, and an estimated profile of the remaining cost.
(b) Around $40 million relates to projects brought forward from future years ($38 million from the period up to 2023-24 and $2 million that would otherwise have been spent in 2024-25). This includes the $15 million for country hospital upgrades and $10 million in social housing maintenance. In addition, $15 million was brought forward from the Planning and Development Fund as part of the government's commitment to work with local councils to deliver $50 million of shovel ready projects to support local jobs.
(c) This is included in the response to part (a).
First Stimulus Package | Estimated expenditure to | Estimated cost profile from 2020-21 | ||||
($000s) | 30 June 2020 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | Total |
Bushfire response and recovery | -1 312 | -19 894 | -7 080 | -1 011 | - 333 | -29 630 |
Accelerate Nature-based Tourism Investment | - 47 | -9 000 | -5 953 | — | — | -15 000 |
Roads Infrastructure and Safety Stimulus Package | -7 330 | -102 500 | -34 670 | — | — | -144 500 |
Economic and Business Growth Fund | — | -10 000 | -10 000 | -25 000 | -25 000 | -70 000 |
Planning and Development Fund (bringforward) | -15 000 | — | — | — | — | -15 000 |
Acceleration of country health sustainment works (bringforward) | — | -15 000 | — | — | — | -15 000 |
Social Housing maintenance (bringforward) | -6 021 | -3 979 | — | — | — | -10 000 |
Grassroots sports program | -5 000 | — | — | — | — | -5 000 |
Flinders Chase Kangaroo Island rebuild (estimate only) | -1 346 | -43 654 | — | — | — | -45 000 |
-36 056 | -204 027 | -57 703 | -26 011 | -25 333 | -349 130 |