Page 825 - Week 03 - Wednesday, 27 February 2013
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Tuggeranong. As I mentioned, I believe he has left Lanyon; so do the people in the community. The good ship Lanyon Zed Seselja has sailed. The berthing dock at the shopfront down in Lanyon is there, but there is nobody home.
Debate interrupted in accordance with standing order 74 and the resumption of the debate made an order of the day for a later hour.
Sitting suspended from 12.33 to 2.30 pm.
Questions without notice
Water—prices
MR HANSON: My question is to the Treasurer. The Independent Competition and Regulatory Commission states in its draft report:
… the Commission proposes to exclude the $238 million revenue catch-up sought by ACTEW and to not include such mechanisms in the future.
Treasurer, were previous warnings about severe increases in water prices purely based on the need to recover revenue shortfalls?
MR BARR: As I am sure the Leader of the Opposition is aware, the ICRC sets prices independently of government, so the answer to that question would be found in previous ICRC reports.
MADAM SPEAKER: A supplementary question, Mr Hanson.
MR HANSON: Treasurer, what effect will the decision to exclude the revenue catch-up have on the government’s dividend?
MR BARR: Again, the impact has already been felt, and I refer the Leader of the Opposition to budget updates and budget papers in the last few years.
MADAM SPEAKER: Supplementary question, Mr Smyth.
MR SMYTH: Treasurer, what effect will the exclusion of the revenue catch-up have on the ACT budget?
MR BARR: That is exactly the same question that Mr Hanson just asked me, so I refer to my previous answer.
MADAM SPEAKER: A supplementary question, Mr Smyth.
MR SMYTH: Treasurer, why have water prices included a substantive revenue-gaining proportion over recent years?
MR BARR: Again, the price of water is set by the independent regulator, so I would refer the shadow treasurer to the ICRC’s price determinations.
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