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Tuesday, 8 May 2018
Page: 3350

Mr COLEMAN (BanksAssistant Minister for Finance) (20:11): I move:

That this bill be now read a second time.

Appropriation Bill (No. 6) 2017-2018, along with Appropriation Bill (No. 5) 2017-2018, which I introduced earlier, are the supplementary additional estimates appropriation bills for this financial year.

This bill seeks further approval for appropriations from the Consolidated Revenue Fund of just over $6.2 billion for 2017-18.

The majority of the amount in the bill relates to the Department of the Environment and Energy, which will receive approximately $6 billion to facilitate the Australian government's purchase of the New South Wales and Victorian governments' shares in Snowy Hydro Limited. The purchase will build on the government's reforms to ensure reliable and affordable energy for businesses and households.

This bill will also provide the Department of Home Affairs with just over $94 million to upgrade its risk assessment and identity management ICT capabilities.

Details of the proposed expenditure are set out in the schedule to the bill and the portfolio supplementary additional estimates statements tabled in the parliament.

I commend this bill to the House.

Debate adjourned.

House adjourned at 20:13