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Legislative Assembly for the ACT: 2003 Week 1 Hansard (18 February) . . Page.. 101..


MR SMYTH (continuing):

As far as I can tell, there seems to be a disconnect between the assumptions that have been used for the full year and the outcomes that have been achieved over the first six months of the financial year. At a general level, it is often hard for an opposition to analyse these quarterly reports because it is difficult to reconcile all the data that they contain. I will give you an example.

In attachment E, the total revised revenue from taxes, fees and fines is $671 million. The estimated revenue from taxes, fees and fines in attachment C, however, is estimated to be $691 million, and there are no taxes, fees and fines in attachment D. So where is the missing $20 million? I am sure there is a perfectly reasonable explanation that the Treasurer will be able to give us, but the figures vary in the various attachments that are connected to the report.

It looks as though some intersectoral adjustments are being made, but there are no details of these adjustments, so it would be helpful if all the data necessary to examine these reports was provided.

But the bottom line is this: we started this financial year with a projected surplus of $6 million, excluding the activities of trading enterprises. Halfway through the year, the Treasurer is now telling us that we will have a deficit of $43 million at the end of this financial year. That is a turnaround of $49 million in six months, and that is not what we in opposition consider to be good stewardship by this Treasurer.

Revocation of development application

Paper

MR CORBELL (Minister for Health and Minister for Planning) (3.44): Mr Speaker, for the information of members, I present the following paper:

Land (Planning and Environment) Act - Revocation of Development Application No. 20024238 - Block 2 section 6 City - Statement pursuant to paragraph 229A (7), dated 14 December 2002 -

I move:

That the Assembly takes note of the paper.

Question resolved in the affirmative.

Leases

Paper

MR CORBELL (Minister for Health and Minister for Planning): For the information of members, I present the following paper:

Land (Planning and Environment) Act, pursuant to section 216A - Schedules - Leases granted, together with lease variations and change of use charges for the period 1 October 2002 to 31 December 2002 -


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