Page 1757 - Week 05 - Wednesday, 5 May 2010
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Maybe it is because I don’t trust the opposition.” I was right. The opposition are out there saying, “There has been no GFC. There has been no loss of revenue. It has just been an increase in revenue.” The reality is that if you go back to last year’s budget papers you will see that there was a loss of $1 billion in revenues. It is correct that we have seen recovery, but if you also go back to the 2008-09 budget review you will see that GST revenue has gone back by $600 million in aggregate. The other thing—the other little issue with your slide—(Time expired.)
MR HARGREAVES: A supplementary, Mr Speaker.
MR SPEAKER: Yes, Mr Hargreaves.
Mr Hanson: But that’s not what happened, Katy.
Ms Gallagher: It is what happened, Jeremy.
MR SPEAKER: Order! Mr Hargreaves has the floor.
MR HARGREAVES: Thank you, Mr Speaker. I would like to ask the Treasurer whether any slide show presented recently was inaccurate and also what commentary there has been on revenue measures in the ACT budget.
MS GALLAGHER: With respect to the opposition’s slide where they have included in their revenue line the commonwealth stimulus money that flows through over three years, you cannot include that in your base because it comes in and out.
Opposition members interjecting—
MR SPEAKER: Order, members!
MS GALLAGHER: But we are recording the two different—
Mr Seselja: It’s the only way you can claim a surplus.
MR SPEAKER: Mr Seselja, you will have a chance to ask your question in a moment.
MS GALLAGHER: Mr Seselja, we report both the lines. We report both of them, in the interests of transparency—transparency that you were unable to do in your slide show today. You were unable to do it. And what you can see—
Mr Smyth interjecting—
MR SPEAKER: Order, members!
MS GALLAGHER: Mr Smyth, I have said a number of times that the reason we are in surplus is because of the nation building and jobs plan. I have said that and I have acknowledged it. But you cannot include it in your long-term base. You cannot, because it does not appear. We have reported it separately, specifically in the interests
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