Senate debates

Thursday, 13 October 2011

Questions on Notice

First Home Saver Accounts (Question No. 1013)

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

The Treasurer has provided the following answer to the honourable senator's question:

The administered expenses for the program for the financial years requested are shown on page 212 of the Treasury's portfolio budget statement. http://www.treasury.gov.au/documents/2027/PDF/08_ATO.pdf

Departmental funding for the ATO's administration of the First Home Saver Accounts measure was agreed as part of the 2008-09 Budget. The ATO's departmental resourcing for 2011-12 is $12.503 million as set out on page 159 of the 2008-09 Portfolio Budget Statements – Treasury Portfolio. This funding is ongoing from 2012-13.

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