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Legislative Assembly for the ACT: 2002 Week 4 Hansard (11 April) . . Page.. 1025 ..

MR QUINLAN (continuing):

Mr Speaker, I have requested the Auditor-General to review the report and provide some further assurance of the validity of the financial results in the report. That review has been completed. I am advised by the Auditor-General that, based on his review of the results of 31 October-which was not an audit-an unqualified opinion has been provided.

I am also advised that a copy of his opinion is being provided to members. In his management letter, the Auditor-General has a identified some errors in the statement in the forward estimates. I table a corrigendum of those errors. I do so in the confidence that, with Mr Humphries' familiarity and affinity with figures, he would have picked them up already.

These errors relate mainly to the balance sheet and the statement of cash flows for the public trading enterprise sector. I am advised that the individual line items are correct, but some of the totals are incorrect-because of 'typos'. There are no flow-on effects of these to the conclusions of the report.

One significant error noted, since the report was tabled, is the total territory operating result for the last forward year, which has decreased from a surplus of $77 million to a surplus of $23 million. Mr Speaker, I commend the corrigendum to the Assembly.

Estimates 2001-2002-Select Committee

Report-government response

MR QUINLAN (Treasurer, Minister for Economic Development, Business and Tourism, Minister for Sport, Racing and Gaming and Minister for Police, Emergency Services and Corrections): Mr Speaker, for the information of members, I present the following paper:

I ask for leave to make a statement.

Leave granted.

MR QUINLAN: Mr Speaker, I present the government's response to the report of the Select Committee on Estimates 2001-2002 on Appropriation Bill (No 3). This bill will provide funding to address a number of issues raised by the commission of audit. It is largely mechanical.

The report addresses all 10 recommendations provided by the committee. We are happy to address the recommendations of the committee, but consider that the greater part are not relevant to the appropriation bill.

The government will pursue the housekeeping issues raised by the committee in relation to the on-passing of the first home owners grant, and a completion of financial statements after administrative orders.

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