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Legislative Council - Fifty-First Parliament, Third Session (51-3)
2009-04-28 Daily Xml
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MID-YEAR BUDGET REVIEW

190 The Hon. R.I. LUCAS (18 February 2009). Can the Deputy Premier advise:

1. Does the budget line titled 'Net Impact of COAG Agreement' in Table 1.2 of the Mid-Year Budget Review refer to the net impact of increased Commonwealth grants and reduced GST; and

2. If not, what does it refer to and how is it calculated?

The Hon. P. HOLLOWAY (Minister for Mineral Resources Development, Minister for Urban Development and Planning, Minister for Small Business): The Treasurer has provided the following information:

The 'Net Impact of COAG Agreement' line in Table 1.2 of the Mid-Year Budget Review shows the net impact of increased revenue from Commonwealth grants; changes in GST revenue payments; and the expenditure requirements of the Specific Purpose Payments and National Partnership payments agreed at the November 2008 COAG meeting. As indicated in the MYBR, the specific details and amounts of the extra expenditure will be determined as part of the 2009-10 Budget.

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