❓ A member of parliament questions the Treasurer about the 'Barnett black hole' (later referred to as 'Barnett budget blowout'), seeking clarification on its meaning, impact, measurement, and responsible parties. The Treasurer's response details how it's measured and managed across government agencies.
AnsweredQoN 1246Legislative Assembly
QuestionView source ↗
(1) Precisely, what does the Treasurer mean when he refers to the ‘Barnett black Hole’?
(2) Precisely, what is the budgetary impact of the Barnett black hole?
(3) Precisely, what is the effect of the Barnett black hole?
(4) Precisely, how is the Barnett black hold measured?
(5) Who measured the Barnett black hole?
(6) Which public officer is, or was responsible for the administration of the Barnett Black hole?
(2) Precisely, what is the budgetary impact of the Barnett black hole?
(3) Precisely, what is the effect of the Barnett black hole?
(4) Precisely, how is the Barnett black hold measured?
(5) Who measured the Barnett black hole?
(6) Which public officer is, or was responsible for the administration of the Barnett Black hole?
AnswerView source ↗
Answered
19 February 2002
Response time
104 days
2&3. The budgetary impact of the 'Barnett budget blowout' is to increase the value of inescapable funding commitments across the forward estimates. This has the effect of limiting the amount of discretionary expenditure available to the Government if responsible fiscal targets are to be maintained. 4. The 'Barnett budget blowout' is measured by determining the value of the partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 5. The individual components of the 'Barnett budget blowout' are measured by each agency whose budget consists of partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
4. The 'Barnett budget blowout' is measured by determining the value of the partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 5. The individual components of the 'Barnett budget blowout' are measured by each agency whose budget consists of partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
5. The individual components of the 'Barnett budget blowout' are measured by each agency whose budget consists of partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
4. The 'Barnett budget blowout' is measured by determining the value of the partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 5. The individual components of the 'Barnett budget blowout' are measured by each agency whose budget consists of partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
5. The individual components of the 'Barnett budget blowout' are measured by each agency whose budget consists of partially funded and unfunded commitments entered into by the previous Government across the forward estimates period. 6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
6. Because the 'Barnett budget blowout' is the sum of the previous Government's partially and unfunded commitments across the forward estimates, the day to day responsibility for the administration of its components rests with a number of managers across the Government, rather than any one individual public officer.
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