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Legislative Assembly for the ACT: 1996 Week 11 Hansard (26 September) . . Page.. 3491 ..

MRS CARNELL (continuing):

There is one State that we are not in line with, and that is Queensland. Queensland have the exact opposite. They have no FID and a higher BAD tax. They are also moving, because there is a very significant problem with tax evasion in this area. It means that people can use particular jurisdictions to avoid particular taxes. They are not pensioners. They are not people on low incomes. They are companies that may attempt to do that. They are the only ones in a position to actually jurisdiction shop, which is what has happened in the past. This is something that we really need to address, as Queensland is doing for exactly the same reasons.

The debate today has shown that the options for the ACT are not very broad. The fact that nobody in this place has managed to come up with any approaches other than just knocking ours indicates quite definitely that there are not all that many options. We believe strongly that we need to get this economy back into growth. The only way you can get the economy back into growth is to get people investing, to get people employing, to get jobs into the economy. We believe that this budget is the appropriate way to go.

Question resolved in the affirmative.

Bill agreed to in principle.

MRS CARNELL (Chief Minister and Treasurer) (4.35): Pursuant to standing order 174, I move:

That the Appropriation Bill 1996-97 be referred to the Select Committee on Estimates 1996-97.

Question resolved in the affirmative.

MR SPEAKER: For the information of members, I present the Auditor-General's Report No. 8 of 1996, entitled "Australian International Hotel School".

Motion (by Mr Humphries), by leave, agreed to:

That the Assembly authorises the publication of Auditor-General's Report No. 8 of 1996.

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