Increase to the Treasurer's advance limit for 2024-25 to $3.01 billion to cover unfunded budget items.

⚪ Low · Bill First Reading9 April 2025 · 753 words

Treasurer's advance limit increase sought to cover budget shortfalls and new spending.

Treasurer's advance limit may increase to $3.01 billion to address budget needs.

“This bill seeks to increase the Treasurer's advance limit for 2024–25 by $1.93 billion from the currently approved limit of $1.08 billion to $3.01 billion.”

➖ neutral· procedural❄️ cold

Members who spoke

Rowe, Samantha

Topics

financebudgetgovernment spending

Legislation Referenced

Acts

Financial Management Act 2006

Bills

Treasurer's Advance Authorisation Bill 2025

· 9 April 2025

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📰 Related Gazette Notices

🏛️

Financial Management (Statutory Authorities) Regulations 2022

Enacts financial management regulations for statutory authorities, amending the Financial Management Act 2006.

📄 Related Tabled Papers

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Treasurer’s Advance Authorisation Bill 2025

Authorises government spending in advance of budget.

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