Net capital investment
Estimated net capital investment in 2005-06 has increased by $167 million since the 2005-06 Budget. This reflects new policy decisions of $230 million, including $116 million for a national medical stockpile associated with the Pandemic Influenza Preparedness package and $44 million ($49 million over four years) for property and information technology costs associated with the development and implementation of the workplace relations reforms. This is partially offset by a reduction in parameter and other variations of $63 million, primarily due to the re-phasing of spending on security for Australian diplomatic missions.
Table 9: Reconciliation of general government sector net capital investment estimates(a)
- Net capital investment is defined as net acquisition of non-financial assets.
- Excludes the public debt net interest affect of policy measures.