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Tuesday, 23 August 1983
Page: 56


Mr KEATING (Treasurer)(9.15) —I move:

That the Bill be now read a second time.

This Bill seeks appropriations of the Consolidated Revenue Fund in 1983-84 totalling $2,860,169,000. Of this amount, $998,737,000 was authorised by the Supply Act (No. 2) 1983-84; the balance of $1,861,432,000 would be authorised by this Bill. The Bill provides for proposed expenditure on the construction of public works and buildings, the acquisition of sites and buildings, certain advances and loans, items of plant and equipment which are clearly definable as capital expenditure and expenditure on new policy initiatives for which legislation has not previously been provided. Provision is also made for grants to the States under section 96 of the Constitution and for payments to the Northern Territory. An amount of $120,000,000 is included under the Advance to the Minister for Finance, the same as was provided in the Supply Act (No. 2) 1983-84 which this Bill, when enacted, will subsume. Details of the proposed expenditures are set out in Schedule 2 to the Bill and the main features were outlined in my Budget Speech. I commend the Bill to the House.

Debate (on motion by Mr Sinclair) adjourned.