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Wednesday, 19 June 1946


Mr CHIFLEY (Macquarie) (Prime Minister and Treasurer) . - I move -

That the bill be now read a second time.

The purpose of this bill is to grant supply to carry on the normal services of government for the first two months of the financial year 1946-47. The amount is £44,826,000. The provision may be summarized under the following heads: -

 

The provision, made in the bill covers only the estimated requirements to carry on the essential services on the basis of the provision in the Appropriation Act passed by Parliament for the current year, 1945-46.The amounts set down for ordinary services represent, with minor exceptions, approximately one sixth of the 1945-46 appropriations.

Excluding special appropriations for debt charges and war pensions, war expenditure in the first two months of 1946-47 will approximate £34,151,000. This is greater than the anticipated average monthly expenditure for the year, and is principally to meet deferred pay and other commitments arising from the discharge of service personnel.

The general set-up of the Estimates for 1945-46 in relation to war expenditure has been followed in this bill, but a re-arrangement of the votes as between war and peacetime sections will be made when the annual estimates are being submitted.

The sum of £32,000,000 provided for war services in this bill represents the estimated amount which will be available from revenue receipts for the first two months of the year to meet war expenditure, after making due allowance for other obligations. The balance of war expenditure will be met from loan appropriations.

As in previous years, provision is made in the bill for" Advance to the Treasurer ", the amount being £5,000,000. This amount is, required mainly to carry on uncompleted civil works which will be in progress at the 30th June, and also to cover unforeseen and. miscellaneous expenditure. No provision has been made for any new expenditure, and there is no departure from existing policy.

Debate (on motion by Mr. Menzies) adjourned.







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