Legislative Council - Fifty-Fifth Parliament, First Session (55-1)
2024-02-06 Daily Xml

Contents

Auditor-General's Report

In reply to the Hon. L.A. HENDERSON ().14 November 2023).

The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector): I am advised:

As discussed during the hearing, the $44.7 million variance is mainly due to a timing issue with payment of the 2022-23 state base funding being made in 2021-22 rather than 2022-23. This variance accounts for $47.6 million and enabled the commission to maximise investment returns.

The remaining variance is due to additional commonwealth funding provided in 2022-23 ($2.4 million) and state funding provided in 2022-23 ($0.5 million).