Page 1882 - Week 07 - Tuesday, 14 June 1994

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Madam Speaker, I present the budget to the Assembly with pride in what the Territory has achieved in five years of self-government and confidence in the future. This budget is unashamedly an investment in that future. It supports the continued economic strength of the ACT, fosters business growth, and builds and maintains public infrastructure. It is consistent with the fiscal reality of diminishing Commonwealth support. It fits within the sensible and responsible parameters of last year's forward estimates. It meets the budgetary disciplines we set ourselves, which were a recurrent budget surplus throughout the forward estimates years, a continuing significant reduction in real per capita outlays, maintenance of our revenue effort, continuing contributions to future superannuation liabilities, and borrowings constrained to the level of productive investment.

This budget is unashamedly a Labor budget. Madam Speaker, it fulfils our election commitments from 1992. It ensures high-quality community services, health and education, and, most importantly, it makes our society a more caring one by pushing forward the boundaries of social justice and sustaining the needy amongst us. All ACT residents can look forward to a strong and creative future in a community that cares for its citizens and its environment. I commend the 1994-95 budget to the Assembly. I present the explanatory memorandum for the Bill and the following papers:

Budget Speech 1994-95 (Budget Paper No. 1).

Budget Overview 1994-95 (Budget Paper No. 2).

Capital Works 1994-95 (Budget Paper No. 4).

Environmental Budget Statement 1994-95 (Supplementary Budget Information Paper No. 2).

Program Estimates 1994-95 (Budget Paper No. 3).

Social Justice Statement 1994-95 (Supplementary Budget Information Paper No. 1).

1994-95 Budget -

A Successful Transition - The ACT's Path to State Type Funding - Booklet.

Investing in Canberra's Future -

Jobs and Business, dated 14 June 1994.

Pamphlet.

Media statements, dated 14 June 1994.

Debate (on motion by Mr Kaine) adjourned.


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