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Legislative Assembly for the ACT: 2002 Week 7 Hansard (4 June) . . Page.. 1828 ..

Legal Affairs-Standing Committee

Scrutiny Report No 14 of 2002

MR STEFANIAK (12.29): I present the following report:

Legal Affairs-Standing Committee (performing the duties of a Scrutiny of Bills and Subordinate Legislation Committee)-Scrutiny Report No 14, dated 4 June 2002, together with a copy of the relevant extracts of the minutes of proceedings.

I ask for leave to move a motion authorising the publication of Scrutiny Report No 14.

Leave granted.

MR STEFANIAK: I move:

That the report be authorised for publication.

Question resolved in the affirmative.

MR STEFANIAK: I seek leave to make a brief statement.

Leave granted.

MR STEFANIAK: Scrutiny report No 14 contains the committee's comments on one bill. I commend the report to the Assembly.

Sitting suspended from 12.30 to 2.30 pm.

Questions without notice

Revenue-goods and services tax

MR HUMPHRIES: My question is to the Treasurer. It concerns the ACT's revenue from the goods and services tax. Under the original GST agreement, it was projected that the ACT would be better off under the GST by the financial year 2004-2005. Treasurer, can you advise whether it is likely to remain the case that we will be better off by 2004-2005, that is, GST positive, by then? If so, is it possible, as a result of the recent federal budget, that that revenue may be accelerated and we could be GST positive by as early as 2003-2004?

MR QUINLAN: I want to take that on notice so that I can get a precise answer for you. I do not want to be standing up here saying that we are going to be GST positive by 2003-2004 if we are not. However, the numbers that we have seen so far would indicate that the GST inflow is ahead of projections. It varies from state to state, as you are aware. Queensland may well be there in a year or so. We are a bit behind that, but I will take that on notice so that I can give you the precise response.

MR HUMPHRIES: Supplementary, Mr Speaker.

MR SPEAKER: He has taken it on notice. Do you want some further information?

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