Net capital investment
Estimated net capital investment in 2006-07 has increased by $648 million since the 2006-07 Budget, partially reflecting new policy decisions of $159 million, including:
- $60 million in 2006-07 for additional construction costs at the Christmas Island Immigration Reception and Processing Centre;
- $23 million ($30 million over three years) to improve the capacity of the Australian Federal Police's International Deployment Group to respond to current and anticipated peace-keeping, peace restoration and capacity-building requirements;
- $17 million ($22 million over two years) to build a new system interface between the Department of Families, Community Services and Indigenous Affairs, Centrelink, and child care service providers to enable a more timely transfer of Child Care Benefit data; and
- $11 million for the Australian Taxation Office to establish information technology systems to implement the Simplified Superannuation reforms ($52 million over three years).
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.