Senate debates

Thursday, 18 August 2011

Questions without Notice

Carbon Pricing

2:16 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I was referencing the national specific purpose payments agreed by the Council of Australian Governments in relation to a range of areas where Common­wealth funding is provided. Under that agreement on national SPPs, which includes health care, schools, skills, workforce dev­elopment, disability services and housing, funding is ongoing and indexed each year. Any increased costs that flow from the intro­duction of the carbon price will result in increased funding through these indexation factors under the SPPs.

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