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Monday, 7 March 2005
Page: 190


Senator Mark Bishop asked the Minister representing the Minister for Transport and Regional Services, upon notice, on 17 December 2004:

With reference to page 71 of the department’s annual report for 2003-04 and the estimated cost reduction of $133.3 million flowing from transport programs: (a) who estimated those savings; (b) how much has been saved in each program; and (c) what was the accounting methodology used to quantify this savings result.


Senator Ian Campbell (Minister for the Environment and Heritage) —The Minister for Transport and Regional Services has provided the following answer to the honourable senator’s question:

The reference to the $133 million cost reduction relates to subsidies paid by the Australian Government in 2003-04 in support of regional aviation and shipping services. The reference is based on the broad expectation that the costs met by the subsidies would otherwise be passed on to consumers. The types of subsidy and the amounts paid in 2003-04 (and the two preceding years) are set out in table 4.12 at page 89 of the Department’s annual report with sub-totals of $15.1 million for regional aviation and $117.9 million for regional shipping.

The $133.3 million figure mentioned in page 71 of the annual report should have been shown as $133.1 million and this error will be disclosed in the appendix to the 2004-05 annual report disclosing corrections and amendments to matters reported in previous annual reports.