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Legislative Assembly for the ACT: 2002 Week 13 Hansard (21 November) . . Page.. 4011 ..


Attachment C

ACT DEPARTMENT OF TREASURY

QUESTION ON NOTICE 271

Revenue Management:

(1) Can the Minister advise of all Inquiries, Reports, Reviews, Committees of Inquiry and Taskforces that agencies currently under his direct control in each of his ministerial portfolios established during the 2000-2001 financial year.

The Review of Revenue Forecasting Methods for payroll tax, gaming machine tax and conveyance duty prepared for the ACT Revenue Office by Access Economics.

(2) How much did each of these cost and what was the total cost to Government of these projects.

Access Economics was paid $23,760 (this includes $2,160 for GST) for the review. Support for the review was provided by Revenue Management Branch within existing resources.

(3) Can he further advise of the cost of these projects to each agency.

No further costs were incurred.

(4) What were the terms of reference or guidelines for each of these projects.

To review the current methods used in revenue forecasts for payroll tax, gaming machine tax and conveyance duty. To provide relevant models to be used for future revenue forecasts. The review was completed by June 2001 as requested.

Attachment D

ACT DEPARTMENT OF TREASURY

QUESTION ON NOTICE 271

Revenue Management:

(1) Can the Minister advise of all Inquiries, Reports, Reviews, Committees of Inquiry and Taskforces that agencies currently under his direct control in each of his ministerial portfolios established during the 2000-2001 financial year.

Preparation of Strategic and Transitional advice on the National Tax Equivalent Regime (NTER).

(2) How much did each of these cost and what was the total cost to Government of these projects.

PricewaterhouseCoopers were paid $18,480 (this includes $1,680 for GST) for the advice. Support for the advice was provided by Revenue Management Branch within existing resources.

(3) Can he further advise of the cost of these projects to each agency.

No further costs were incurred.

(4) What were the terms of reference or guidelines for each of these projects.

To develop a strategic plan covering the new NTER arrangements and their impact on ACT government entities from a whole of government perspective. This included, but was not limited to the following specific issues:

� What implications exist from the move to NTER for present and any future joint ventures?

� Forward plan from an NTER perspective for future changes in the current ACT government arrangements for the provision of services?

� The impact of NTER on dividend policies? and

� What issues need to be considered from an NTER perspective in any proposed corporate reconstructions?


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