Page 4670 - Week 12 - Thursday, 1 November 2018
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2017-18 headline net operating balance for the general government sector was a surplus of $80.8 million, which is in line with the interim outcome of $86.2 million.
Key financial indicators in the balance sheet remain strong, with net worth of $15.3 billion and net debt of just $1.302 billion, which is $151 million lower than in 2016-17. I advise members that the next update to the territory’s financial position will be released with the 2018-19 budget review by a date prior to the middle of February 2019.
The financial statements I present today have been prepared in accordance with Australian accounting standards and are in line with the requirements of the Financial Management Act. I commend to the Assembly this exceptionally strong 2017-18 consolidated annual financial statement for the territory and audit opinion and with great satisfaction can say that all those who said this would not occur have been proved wrong.
Papers
Mr Ramsay presented the following paper:
Coroner’s Act, pursuant to subsection 102(8)—ACT Coroner’s Court—Annual Report 2017/18, dated 16 October 2018.
Mr Rattenbury presented the following paper:
Annual Reports (Government Agencies) Act, pursuant to section 13—Annual report 2017-2018—ACT Commissioner for Sustainability and the Environment—Corrigendum.
Subordinate legislation
Paper and statement by minister
MR RATTENBURY (Kurrajong—Minister for Climate Change and Sustainability, Minister for Corrections and Justice Health, Minister for Justice, Consumer Affairs and Road Safety and Minister for Mental Health) (3.40): For the information of members, I present the following paper:
Legislation Act, pursuant to section 64—Crimes (Restorative Justice) Act—Crimes (Restorative Justice) Sexual and Family Violence Offences Guidelines 2018—Disallowable Instrument DI2018-266 (LR, 30 October 2018), including an explanatory statement.
I ask leave to make a statement in relation to the paper.
Leave granted.
MR RATTENBURY: I am pleased to table the Crimes (Restorative Justice) Sexual and Family Violence Offences Guidelines 2018 as the ACT’s restorative justice scheme extends to its final stage, known as phase 3. As members may be aware,
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