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Tuesday, 5 November 1985
Page: 1506

Senator BUTTON (Minister for Industry, Technology and Commerce)(12.05) —I move:

That the Bill be now read a second time.

I seek leave to incorporate the second reading speech in Hansard.

Leave granted.

The speech read as follows-

This Bill seeks appropriations of the Consolidated Revenue Fund in 1985-86 totalling $4,135,269,000. Of this amount, $1,752,467,500 was authorised by the Supply Act (No. 2) 1985-86; the balance of $2,382,801,500 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 of new policy initiatives for which legislation has not previously been provided. Provision is made also for grants to the states under section 96 of the Constitution and for payments to the Northern Territory.

As previously announced, negotiations are continuing with the states and Territories for the establishment of a new home and community care program on a cost-shared basis. Pending finalisation of agreements with the States and Territories and passage of associated legislation, existing legislation will be utilized to the extent necessary to provide advances so that recipient organisations are not disadvantaged.

Clause 7 of this Bill deems payments made in respect of existing legislation to be payable from the Appropriation Bill No. 2 and an amount of $117,451,000 is included for this purpose under Division 841 of the Bill.

An amount of $130,000,000 is included under the advance to the Minister for Finance, the same amount as was provided in the Supply Act (No. 2) 1985-86 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 the Treasurer's Budget Speech. I commend the Bill to the Senate.

Debate (on motion by Senator Chaney) adjourned.