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Legislative Assembly for the ACT: 2006 Week 10 (19 October) . . Page.. 3360..


MR STANHOPE (continuing):

application of a new technical accounting assumption in relation to Australia equivalent to international reporting standards which did reduce the surplus by $39 million, a purely technical adjustment to accounting standards, but it remains the largest ever, I believe, surplus produced by an ACT government, including seven years of Liberal government. It is ironic in the extreme that the shadow Treasurer would stand up in this place and seek to draw some comfort from the fact that the largest ever surplus delivered by an ACT government is not quite as large. It is still the largest ever surplus delivered by an ACT government, but it is not quite as large as we had thought at the time of the budget.

It is a totally technical adjustment and, of course, justifies the moves we have made. As to the amazing suggestion that it was a pity that I did not bring on the duties bill for debate today, it was not brought on because of the puerile stunt of moving a censure motion that took one and a half hours. I wanted to debate it. We did not get through our business. In fact, today the Liberals through their crass behaviour have prevented the government from doing the business of government. (Time expired.)

Question resolved in the affirmative.

The Assembly adjourned at 6.16 pm until Tuesday, 14 November 2006 at 10.30 am.


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