House debates

Wednesday, 7 February 2024

Bills

Appropriation Bill (No. 4) 2023-2024; Second Reading

10:20 am

Photo of Stephen JonesStephen Jones (Whitlam, Australian Labor Party, Assistant Treasurer) Share this | | Hansard source

I move:

That this bill be now read a second time.

Appropriation Bill (No. 4) 2023-2024 seeks to appropriate $2.3 billion from the Consolidated Revenue Fund. This funding will support the following significant items.

The Department of the Treasury will receive $825 million for Housing Australia to support social housing providers as part of the $1 billion invested in the national housing infrastructure fund.

The Department of Finance will receive around $441 million to finance the purchase of Commonwealth fleet vehicles.

The Department of Infrastructure, Transport, Regional Development, Communications and the Arts will receive over $266 million, including funding to continue to support delivery of the Western Sydney International Airport project.

The Department of Defence will receive over $189 million, primarily to reflect updated estimates for foreign exchange exposure.

The Department of Health and Aged Care will receive just over $160 million, including to support aged care services and to replenish COVID-19 supplies within the National Medical Stockpile.

The Australian Signals Directorate will receive over $127 million to support the delivery of the government's foreign signals intelligence and cybersecurity objectives and for the updated estimates for foreign exchange exposure.

Full details of the proposed expenditure are set out in the schedule to the bill, the explanatory memorandum, and the portfolio additional estimates statements which are tabled in parliament today.

I commend this bill to the chamber.

Debate adjourned.