House debates

Tuesday, 2 April 2019

Bills

Supply Bill (No. 2) 2019-2020; Second Reading

4:58 pm

Photo of Alex HawkeAlex Hawke (Mitchell, Liberal Party, Special Minister of State) Share this | | Hansard source

I move:

That this bill be now read a second time.

This bill seeks approval for appropriations from the Consolidated Revenue Fund of just over $4.8 billion.

The appropriations proposed in this bill are based on five-twelfths of the estimated 2019-20 annual appropriations. The 2019-20 estimates are broadly the 2018-19 base, adjusted for economic and program specific parameters. Obviously, Supply Bill (No. 2) 2019-2020 provides for appropriations that are not for the ordinary annual services of the government, such as for capital works, for services and payments to states, territories and local governments, for the first five months of 2019-20.

The supply bills also take into account terminating programs.

The bill also establishes the debit limits for 2019-20 for general purpose financial assistance payments and national partnership payments. The debit limits in the bill reflect five-twelfths of the estimated 2019-20 debit limit, with the remaining seven-twelfths to be included in the Appropriation Bill (No. 2) 2019-2020. The bill must be passed in this session to ensure funding is available to all entities from 1 July 2019, thereby ensuring the continuity of program and service delivery.

As with Supply Bill (No. 1) 2019-2020, this bill seeks provision only to fund government expenditure on an interim basis until budget appropriation bills have passed.

This arrangement allows for Appropriation Bill (No. 2) 2019-2020, or a similar bill, to be passed by the next parliament, if necessary.

Details of the proposed expenditure are set out in the schedules to the bill and the portfolio budget statements tabled in parliament with budget appropriation bills.

I commend the bill to the House.

Debate adjourned.

Leave granted for second reading debate to resume at a later hour this day.