House debates

Monday, 21 June 2010

Appropriation Bill (No. 1) 2010-2011

Consideration in Detail

5:29 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

Thank you. The Parliamentary Library has provided a disaggregation of the Treasury estimates of resource rents, and I seek leave to table it.

Leave granted.

I refer to the row of numbers which shows a calculated series for allowance of corporate capital. In 2008-09, the library calculates there must be a negative allowance for corporate capital—a negative $6½ billion. I wonder if the minister could explain how an allowance for corporate capital can, in fact, be negative under this assumption.

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