PORTFOLIO SUPPLEMENTARY ADDITIONAL
ESTIMATES STATEMENTS No. 2
APPROPRIATION BILL (No. 5) 2007-08
AND
APPROPRIATION BILL (No. 6) 2007-08
TREASURY PORTFOLIO
EXPLANATION OF SUPPLEMENTARY ADDITIONAL ESTIMATES 2008-09
© Commonwealth of Australia 2008
ISBN 978-0-642-74461-6
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President of the Senate
Australian Senate
Parliament House
CANBERRA ACT 2600
Speaker
House of Representatives
Parliament House
CANBERRA ACT 2600
Dear Mr President
Dear Mr Speaker
I hereby submit these Portfolio Supplementary Additional Estimates Statements in support of the additional appropriations sought for the Treasury portfolio, through Appropriation Bill (No. 6) 2007-08.
These statements have been developed, and are submitted to the Parliament, as statements on the funding requirements being sought for the portfolio.
I present these statements by virtue of my ministerial responsibility for accountability to the Parliament and, through it, the public.
Yours sincerely
Wayne Swan
User Guide
The purpose of this Portfolio Supplementary Additional Estimates Statements (PSAES) is to explain additional funding provided to the Treasury portfolio through Appropriation Bill (No. 6) 2007-08. This document serves to inform senators and members of Parliament of the proposed allocation of extra appropriation resources to Government outcomes to the Department of the Treasury.
Appropriation Bill (No. 6), which follows on from Appropriation Bill (No. 2), found in Budget Paper No. 4 and Appropriation Bill (No. 4) produced at Additional Estimates, will provide additional expenditure authority in respect of the 2007-08 financial year for payments to the States, Territories and local government authorities.
The PSAES are declared by Appropriation Bill (No. 6) 2007-08 to be a ‘relevant document’ to the interpretation of the Bills according to section 15AB of the Acts Interpretation Act 1901.
Treasury Portfolio Supplementary
Additional Estimates Statements
Department of the Treasury
Overview of additional appropriations sought
The Department of the Treasury (the Treasury) is seeking $77.6 million in Appropriation Bill (No. 6) 2007-08 in administered outputs for payment to the Western Australian Government for Crude oil excise — condensate ($80 million) offset by a rephasing of appropriation of $2.4 million from 2007-08 into 2008-09 for the Additional First Home Owners Scheme.
Variations — measures
Table 1.1: Supplementary additional estimates and variations to outcome — measures
Note: Details of this measure is in Budget Paper No. 2, Budget Measures 2008-09.
Variations — other
Table 1.2: Supplementary additional estimates and variations to outcome — other
Breakdown, by Appropriation Bill, of additional funding sought
Table 1.3: Appropriation Bill (No. 6) 2007-08
