Legislative Council - Fifty-Fourth Parliament, First Session (54-1)
2018-06-05 Daily Xml

Contents

State Budget

The Hon. C.M. SCRIVEN (14:30): My question is to the Treasurer. Will the Treasurer confirm that the South Australian budget will be boosted by $272 million in 2018-19 as a result of increased GST receipts? Will the Treasurer confirm that there will be similar increases across the forward estimates?

The Hon. R.I. LUCAS (Treasurer) (14:30): I think the Under Treasurer gave advice at the Budget and Finance Committee in relation to 2018-19 of that particular number, $270-odd million or $272 million; I do not have the transcript in front of me at the moment. If the Under Treasurer has given that advice to the Budget and Finance Committee, I would take that, to use a phrase I used a couple of weeks ago or last week, as entirely accurate. He is in the best position to give you that advice.

My recollection of the advice he gave the Budget and Finance Committee was that he was not in a position to give exact figures for the out years 2019-20 and onwards. He gave a quite detailed explanation in relation to the relativities issue, as well as various other factors which will need to be taken into account, and that Treasury was still doing work on what the impacts would be.

In relation to the second question, no, I can't give you an indication of the exact number for the out years. I think that was the advice the Under Treasurer gave the committee yesterday.