❓ Hon Peter Collier, on behalf of Hon Dr Steve Thomas, questions the Treasurer regarding the expenditure breakdown of the $760 million economic stimulus package announced in 2019, specifically how it relates to the COVID-19 response. The Treasurer clarifies the stimulus is separate from the COVID-19 response and provides overall expenditure projections.
AnsweredQoN 321Legislative Council
QuestionView source ↗
CORONAVIRUS —
ECONOMIC AND HEALTH RELIEF PACKAGE
321. Hon PETER COLLIER to
the minister representing the Treasurer:
On behalf of Hon Dr Steve Thomas,
who is on urgent parliamentary business, I refer to the Treasurer's
joint media release with the Premier published on Tuesday entitled, ''$1
billion COVID-19 economic and health relief package unveiled'', which
says —
� the Government continues to roll
out the $760 million in economic stimulus measures announced in late 2019.
What
level of expenditure will be delivered in (a) the fourth quarter of this year,
the 2019–20 financial year; and (b) the first half of the 2020–21
financial year in each of the following programs that are included in that
funding now being claimed as part of the government's COVID-19 response
—
(1) The $200 million schools
maintenance package announced six and a half months ago?
(2) The $81.5 million hospitals
maintenance package announced six and a half months ago?
(3) The $29 million
one-off planned stamp duty rebate for multistorey apartments announced five and
a half months ago?
(4) The $222 million social housing
and homelessness package that was announced four months ago?
ECONOMIC AND HEALTH RELIEF PACKAGE
321. Hon PETER COLLIER to
the minister representing the Treasurer:
On behalf of Hon Dr Steve Thomas,
who is on urgent parliamentary business, I refer to the Treasurer's
joint media release with the Premier published on Tuesday entitled, ''$1
billion COVID-19 economic and health relief package unveiled'', which
says —
� the Government continues to roll
out the $760 million in economic stimulus measures announced in late 2019.
What
level of expenditure will be delivered in (a) the fourth quarter of this year,
the 2019–20 financial year; and (b) the first half of the 2020–21
financial year in each of the following programs that are included in that
funding now being claimed as part of the government's COVID-19 response
—
(1) The $200 million schools
maintenance package announced six and a half months ago?
(2) The $81.5 million hospitals
maintenance package announced six and a half months ago?
(3) The $29 million
one-off planned stamp duty rebate for multistorey apartments announced five and
a half months ago?
(4) The $222 million social housing
and homelessness package that was announced four months ago?
AnswerView source ↗
I thank Hon Dr Steve Thomas for some
notice of the question. The following answer has been provided to me by the Treasurer.
(1)–(4) As
advised to the Legislative Council on 1 April 2020, in response to a previous
question from the honourable member, the $760 million of economic stimulus
measures announced late in 2019 are not part of the government's
COVID-19 response. In the 2019–20 Government Mid-year Financial
Projections Statement and midyear review, $157 million of this $760 million
stimulus package is expected to be incurred in 2019–20; $328 million in
2020–21; $154 million in 2021–22; and $99 million in 2022–23,
with another $28 million to be expended outside of the forward estimates
period. This includes the current and capital spending and the impact on
revenue of tax and fee initiatives detailed in the midyear review.
The quarterly
breakdown of the proposed expenditure should be sourced from relevant
ministers.
notice of the question. The following answer has been provided to me by the Treasurer.
(1)–(4) As
advised to the Legislative Council on 1 April 2020, in response to a previous
question from the honourable member, the $760 million of economic stimulus
measures announced late in 2019 are not part of the government's
COVID-19 response. In the 2019–20 Government Mid-year Financial
Projections Statement and midyear review, $157 million of this $760 million
stimulus package is expected to be incurred in 2019–20; $328 million in
2020–21; $154 million in 2021–22; and $99 million in 2022–23,
with another $28 million to be expended outside of the forward estimates
period. This includes the current and capital spending and the impact on
revenue of tax and fee initiatives detailed in the midyear review.
The quarterly
breakdown of the proposed expenditure should be sourced from relevant
ministers.
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