Senate debates Questions on Notice
Automotive Transformation Scheme (Question No. 379)
Richard Colbeck Tasmania, Liberal Party, Shadow Parliamentary Secretary for Fisheries and Forestry
asked the Minister for Innovation, Industry, Science and Research, upon notice, on 3 February 2011:
(1) What amount of funding has been spent and/or committed under the Automotive Transformation Scheme (ATS).
(2) How much funding remains uncommitted under the ATS for the 2010-11 financial year.
(3) What are the annual appropriations for the ATS for each of the financial years from (and including) 2011-12 through to (and including) the final financial year of the program
Kim Carr Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research
The answer to the honourable senator's question is as follows:
(1) Expenses of $101,073,980 have been committed under the Automotive Transformation Scheme as at 31 Mach 2011.
(2) $29,022,020 remains uncommitted in the 2010-11 year as at 31 March 2011.
(3) Estimated Automotive Transformation Scheme Administered funding:
2011-12 $511,750,000
2012-13 $478,750,000
2013-14 $445,750,000
2014-15 $412,750,000
2015-16 $379,750,000
2016-17 $346,750,000
2017-18 $295,680,000
2018-19 $195,850,000
2019-20 $112,470,000
2020-21 $37,500,000
*All figures shown are GST exclusive.