Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Friday, 30 October 1970

Mr SPEAKER - There being no objection leave is granted.

Mr HURFORD - Honourable members will recall that on Wednesday I tabled the One Hundred and Twenty-third Report which relates to expenditure from the Advance to the Treasurer, 1969-70. The

One Hundred and Twenty-fourth Report relates to expenditure from the Consolidated Revenue Fund for that year and covers the remainder of the items included in your Committee's examination of the expenditure results of departments. As both reports stem from the same inquiry,many of the observations made by your Committee in its One Hundred and Twenty-third Report apply equally to the items included in the report that I am presenting today. In its previous reports relating to expenditure from the Consolidated Revenue Fund your Committee has emphasised that the overprovision of funds for a department is undesirable, misleading and, perhaps unfair to other departments whose financial needs might not have been met fully as a consequence.

For this reason your Committee has outlined, in several of its reports, the principles relating to estimating that have been formulated by the Department of the Treasury and endorsed by your Committee. The evidence taken in respect of the financial year 1969-70, has again reflected the need for these principles to be restated and they are included in chapter 1 1 of the report for the guidance of departments and others concerned.

Successful financial management, however, depends not only on the realistic formulation of estimates but also on efficient administration throughout the financial year. In this regard evidence tendered during our inquiry has revealed cases of administrative weakness which we believe require early attention. Your Committee would emphasise that in its inquiries into the estimates and related expenditure it must continue to highlight these shortcomings whenever and wherever they occur. 1 recommend the report to honourable members.

Ordered that the report be printed.

Suggest corrections