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Legislative Assembly for the ACT: 1999 Week 5 Hansard (4 May) . . Page.. 1310 ..

MR HUMPHRIES (continuing):

should have that happen in this case, unless it is put very squarely before us. Mr Speaker, if it is raised, I hope that it will be a properly ventilated issue throughout the whole political process, including in the Assembly.

MR SPEAKER: Order! It being 3.00 pm, in accordance with the resolution agreed to earlier this day, I call upon the Treasurer, Ms Carnell.


MS CARNELL (Chief Minister and Treasurer) (3.00): Mr Speaker, I present the Appropriation Bill 1999-2000, together with its explanatory memorandum, the following supplementary budget papers in accordance with section 13 of the Financial Management Act 1996 and associated budget papers:

Budget speech 1999-2000 (Budget Paper No. 1)

The 1999-2000 budget at a glance (Budget Paper No. 2)

Overview 1999-2000 (Budget Paper No. 3)

Budget Estimates 1999-2000 (Budget Paper No. 4)

Australian Capital Territory - A clever caring community

Media releases

Later this afternoon I will be presenting the ownership agreements and the purchase agreements relating to my portfolio. Other Ministers will be presenting the purchase agreements relating to their portfolios.

Title read by Clerk.


That this Bill be agreed to in principle.

Mr Speaker, next week the ACT marks the tenth anniversary of self-government. There can be no better way to celebrate this milestone than to announce that we have successfully made the transition from financial dependence to financial sustainability. The budget I present today does just that. It more than halves the budget operating loss and lays the groundwork for the budget to move into surplus in 2000-01, four years ahead of schedule. It commits $300m towards our greatest financial millstone, the unfunded superannuation liability, and it provides additional resources for critical services, including health, education and justice.

Mr Speaker, it is a responsible budget, it is a fair budget and, importantly, it is a sustainable budget. It is a budget that allows us to look forward with confidence to the next 10 years because we have put the Territory's finances in order. As we enter the next

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