Page 3662 - Week 10 - Tuesday, 18 September 2018
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for the benefit of Mr Parton and the Assembly, around one in three dollars will be invested in health, one in four in education, one in seven in municipal services, one in 10 in public order and safety, one in 15 in social services and community services, and around one in 20 in housing.
The exact details of new appropriations and new government initiatives will be outlined in the budget in the 2019 year. As this new tax comes into effect from 1 January, there will be a half-year revenue impact in the current fiscal year. The first full year of the new regime will be 2019-20. It is my view, and the view of the government, that focusing the new revenue on health, education, municipal services, public order and safety, social services and community services and housing would be the appropriate areas to allocate that additional funding to. I commend the bill to the Assembly.
Question resolved in the affirmative.
Bill agreed to in principle.
Detail stage
Bill, by leave, taken as a whole.
MR PARTON (Brindabella) (11.32): I seek leave to move an amendment to this bill that was not circulated in accordance with standing order 178A.
Leave granted.
MADAM ASSISTANT SPEAKER (Ms Orr): Mr Parton, I will let you speak, but I do have a ruling.
MR PARTON: I move amendment No 1 circulated in my name [see schedule 1 at page 3737].
My amendment is very simple, and I am sure that everyone in this chamber understands its intention. My amendment would bring us into line with New South Wales and Victoria in allocating some of the funds raised from this tax back to the racing clubs, which ultimately provide the raw product for the betting operators to offer their services on.
Both New South Wales and Victoria have very quickly identified that if we do not channel funding back to the racing codes they will wither on the vine. That situation applies even more here in the ACT. The funding model provided for thoroughbred racing and harness racing in the ACT is relatively static. In relation to the ongoing funding model set up following the sale of ACTAB, we cannot go back to the days before that happened; we cannot go back to the days when we did not have online betting operators. But as I explained earlier, before the online betting operators came along, the funding models for the various codes worked perfectly. They were cannibalised by the online betting operators. A move like this, as has been the case in New South Wales and Victoria, would bring it back to the status quo.
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