Page 407 - Week 01 - Thursday, 11 December 2008
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MS GALLAGHER: Right; I see. A Seselja special! I table the document indicating that there was no assurance from Treasury on job losses. I present the following paper:
Job cuts—Copy of email from Megan Smithies to the Chief Minister, dated 15 October 2008.
So jobs go; there are savings measures and double the spending. That is your responsible attitude to the global crisis. You read those headlines, Mr Seselja, and you went, “Oh dear, Black Friday! Better ramp up the spending and announce a whole range of savings measures.” So $32 million worth of savings this financial year, $52 million next year, $57 million the year after and $58 million the year after that is your response.
The RBA Governor—and I gave this quote yesterday; I think there were maybe some blanks, except Brendan Smyth and Mr Seselja—gave a speech two nights ago:
I need not remind this audience of the international financial turmoil through which we have lived over the past … year and a half, nor of the intensity of the events since mid September this year, in particular.
Except Mr Seselja saw this. Nicely timed, with caretaker mode, I would argue, a period where the government stops being briefed on matters such as this. I continue:
I do not know anyone who predicted this course of events.
Except, of course, Mr Smyth and now Mr Seselja and Mr Coe. He has joined the little group that saw it all coming. I continue:
This should give us cause to reflect on how hard a job it is to actually make genuinely useful forecasts. What we have seen is truly a ‘tail’ outcome—the kind of outcome that the routine forecasting process never predicts.
Except if you are a member of the ACT Liberals!
Question resolved in the affirmative.
Bill agreed to in principle.
Detail stage
Clauses 1 to 6 agreed to.
Clause 7.
Motion (by Mr Smyth), by leave, agreed to:
That clause 7 be considered in the following groups of subclauses and separate questions be put on each group:
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