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Wednesday, 19 June 1946

Mr. CHIFLEY(Macquarie- Prime

Minister and Treasurer) [4.22]. - I move -

That the bill be now read a second time.

The purposeof this measure is to provide £16,000,000 out of the Consolidated Revenue Fund for the payment of war pensions. Of the appropriation of £13,000,000 granted last August, the balance now remaining is sufficient only to meet war pension payments to the end of August. The amount now requested will cover approximately a year's expenditure.

Notwithstanding the decline in the amount, required for payment of pensions arising out of the 1914-18 war, the casualties of the recent war have brought about a substantial increase of pension payments. The following table indicates the trend in both cases: -

 

Parliament is being asked now to approve of the amount of £16,000,000 so as to permit revenue to be withdrawn for payment to the War Pensions Trust Account as required to enable pension payments to be made as they become due. This bill has no bearing on rates of pension. Parliament has already approved the pension rates, and this measure merely appropriates the amount required to effect payment at those rates.

Debate (on motion by Mr. Menzies) adjourned.







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