Page 5844 - Week 15 - Thursday, 10 December 2009
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Economy—growth
(Question No 514)
Mr Seselja asked the Treasurer, upon notice, on 10 December 2009:
(1) Which sector of the ACT economy experienced the most growth in 2008-09.
(2) Which sector of the ACT economy does the Treasurer estimate will contribute most to growth in (a) 2009-10, (b) 2010-11, (c) 2011-12 and (d) 2012-13.
(3) Which sector of the ACT economy declined the most, or grew the least, in 2008-09.
(4) Does the Department of Treasury estimate that any sectors of the ACT economy will decline in (a) 2009-10, (b) 2010-11, (c) 2011-12 and (d) 2012-13.
(5) What support is the ACT Government providing to those sector referred to in part (4).
Ms Gallagher: The answer to the member’s question is as follows:
(1) The information is publicly available from the Australian Bureau of Statistics website.
(2) Gross State Product forecasts are done on an aggregate basis and not on a sectoral basis due to the unreliability of data at the disaggregated level. It is therefore not possible to identify which sectors of the ACT economy will contribute the most to growth over the period 2009-10 to 2012-13.
(3) As mentioned in response to (1), the information is publicly available from the Australian Bureau of Statistics website.
(4) As mentioned in response to (2), Treasury does not estimate Gross State Product by sector and it is therefore not possible to identify sectors of the ACT economy that are likely to decline over the period 2009-10 to 2012-13.
(5) As mentioned in response to (4), it is not possible to identify sectors of the ACT economy that are likely to decline over the period 2009-10 to 2012-13. The Government’s general approach to business and industry development is to provide program support to early stage companies in areas such as small business advice, exporting, entrepreneurship, company acceleration and venture capital leverage.
Finance—government loans
(Question No 515)
Mr Seselja asked the Treasurer, upon notice, on 10 December 2009:
(1) How much money did the ACT Government borrow in (a) July, (b) August, (c) September, (d) October and (e) November 2009.
(2) For each amount referred to in part (1), (a) how many loans were taken out by the Government in each month, (b) what is the interest rate for each loan, (c) who is the loan with and (d) when is the maturity date for the loan.
Ms Gallagher: The answer to the member’s question is as follows:
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