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Legislative Assembly for the ACT: 2002 Week 8 Hansard (27 June) . . Page.. 2332 ..

MR QUINLAN (Treasurer, Minister for Economic Development, Business and Tourism, Minister for Sport, Racing and Gaming and Minister for Police, Emergency Services and Corrections) (12.18): I am happy to concede on this one, Mr Speaker. We would want the estimates committee to have the maximum time to prepare its report. If Mr Humphries can assure us that there will be the predictable tirade against the budget and that we will not have to labour over it too long to appreciate its sentiments, then the date seems quite acceptable-or earlier if possible.

MR HUMPHRIES (Leader of the Opposition) (12.19), in reply: In closing the debate, Mr Speaker, I am sure it will be only what the budget deserves-nothing more and nothing less. Of course, the timing will depend on how quickly ministers get back with their answers taken on notice. I note that the last estimates committee had to produce a report in the absence of answers to a number of questions. I gently remind ministers that that will help us produce answers, more quickly, to the issues raised.

Question resolved in the affirmative.

Public Accounts-Standing Committee

Statement by chair

MR SMYTH: Mr Speaker, pursuant to standing order 246A, the Standing Committee on Public Accounts has resolved that I make a statement regarding Auditor-General's Report No 1 of 2002, entitled Special Purpose Review of part of the Commission of Audit Report on the State of the Territory's Finances at 31 October 2001. I seek leave to table the statement and extract of relevant minutes of the proceedings.

Leave granted.

MR SMYTH: I present the following paper:

Public Accounts-Standing Committee-Statement by Chair-Auditor-General's Report No 1 of 2002-Special Purpose Review of part of the Commission of Audit Report on the State of the Territory's Finances as at 31 October 2002, together with extracts of the relevant minutes of proceedings.

Statement by chair

MR SMYTH: Pursuant to standing order 246A, the Standing Committee on Public Accounts has resolved that I make the following statement:

On 22 May 2002, the Standing Committee on Public Accounts agreed to undertake an inquiry into revenue raising in the ACT. The committee agreed that the inquiry should focus on the adequacy, equity, and efficiency of revenue raising, advertise in the press seeking written submissions and, if appropriate, hold public hearings at a later date. The terms of reference for the inquiry are to inquire into and report on revenue raising issues in the ACT, with particular reference to:

(1) the adequacy, equity, efficiency, certainty and sustainability of revenue raising in the ACT;

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