House of Assembly Fifty-Fourth Parliament, Second Session (54-2) 54 2 Parliament of South Australia House of Assembly published Estimates Replies Government Savings Targets Government Savings Targets The Hon. S.C. MULLIGHAN House of Assembly Lee Government Savings Targets In reply to the Hon. S.C. MULLIGHAN (Lee) (28 July 2021). (Estimates Committee B) The Hon. R.I. LUCAS House of Assembly Treasurer The Hon. R.I. LUCAS (Treasurer): I have been advised the following: The 1 per cent expenditure growth applied for 2021-22 and 2022-23 has resulted in a reduction in budgeted expenditure of around $15 million in 2021-22 and around $30 million in 2022-23 compared with the 2.5 per cent indexation estimates previously provided. Over the three-year period 2020-21 to 2022-23, agencies' budgets were set to provide average indexation of 1.5 per cent per annum. The retention of 2.5 per cent indexation in 2020-21 is estimated to have provided agencies with additional budget capacity of $10 million in 2020-21 compared to a scenario where agencies' 2020-21 budgets were adjusted to reflect 1.5 per cent indexation.