Page 1761 - Week 06 - Tuesday, 6 June 2006

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Explanatory statement to the Bill.

Human Rights Act, pursuant to section 37—Compatibility statement, dated 6 June 2006.

Budget 2006-2007—Financial Management Act, pursuant to section 10—

Speech (Budget paper No. 1).

Budget at a glance (Budget paper No. 2).

Budget overview (Budget paper No. 3).

Budget estimates (Budget paper No. 4).

Economic and Financial Outlook for the ACT.

CD—Budget 2006-2007.

Later this afternoon, I will be presenting statements of intent for territory authorities.

Title read by Clerk.

MR STANHOPE: I move:

That this bill be agreed to in principle.

Mr Speaker, every year the Treasurer rises to deliver a budget that deals with the coming year.

That is the reality of budgets—they usually deal with short-term fiscal imperatives.

This one does that too, but it does more.

It is a very different budget. It defines a path for the future—into the next decade and the one after that.

In education, it looks ahead to 2020—the year those youngsters just starting out at preschool will finish year 12.

In health, it looks to a time when older Canberrans will, for the first time in our history, outnumber young ones.

It looks at the crippling impost we will leave those who come after us in this place, on the government benches of 20 or 30 years time, if we continue to rack up superannuation liabilities at our current rate.

It is a budget that says it is time the ACT had the maturity and the wisdom to stop living beyond its means, as it has done, year after year, government after government, since self-government.

This is a budget for this year, and for the future.

Mr Speaker, in many ways this might be the most significant budget to be handed down in our short history. And it draws heavily on that history. It looks unflinchingly at what


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