Page 2532 - Week 09 - Tuesday, 6 August 2013

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2010 includes targets to cut greenhouse gas emissions by 40 per cent by 2020 and 80 per cent by 2050, based on 1990 levels.

In 2012 the government released the weathering the change action plan 2, which provides a strategic pathway for the ACT to achieve its 2020 emissions reduction target. The government remains committed to ensuring the long-term prosperity of the territory and all of its citizens, and today I am pleased to be able to table this report in the Assembly outlining all the measures the government has undertaken to help ease the cost of living for Canberrans. I commend the government response to the Assembly.

Financial Management Act—instruments

Paper and statement by minister

MR BARR (Molonglo—Deputy Chief Minister, Treasurer, Minister for Economic Development, Minister for Sport and Recreation, Minister for Tourism and Events and Minister for Community Services): For the information of members I present the following paper:

Financial Management Act, pursuant to section 18A—Statement of authorisation of expenditure from the Treasurer’s Advance in 2012-2013.

I ask leave to make a statement in relation to the paper.

Leave granted.

MR BARR: Section 18A(3) of the Financial Management Act 1996 requires that where I as Treasurer have authorised Treasurer’s advance expenditure under section 18 of the act, within three sitting days after the end of the financial year I must present to the Legislative Assembly a summary of the total expenditure authorised for that financial year.

The Appropriation Act 2012-2013 provided $31.3 million for the Treasurer’s advance. The final expenditure against the Treasurer’s advance for 2012-13 was approximately $21.8 million, leaving a balance of approximately $10.3 million returned to the 2012-13 budget. This includes the Justice and Community Services Directorate and the Legal Aid Commission not utilising all of the Treasurer’s advance provided.

Mr Assistant Speaker, you will note that the majority of the authorisations were made towards the end of the financial year. This is very much in line with past practice. All requests for access to the advance are subject to final cash requirements and this is only able to be assessed close to the end of the financial year. Indeed, this is good, prudent financial management.

The government always looks to all other opportunities to manage cost pressures throughout the year in preference to providing funding from the Treasurer’s advance. The Treasurer’s advance is made available for urgent and unforeseen expenditure. In 2012-13 additional costs for agencies that were not foreseen at the time of the original 2012-13 budget included funding for the conversion of Parkwood farm from a cage to

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