Mr. Wyatt questions the Treasurer on the certainty of achieving announced savings initiatives for the benefit of credit rating agencies. The Treasurer responds by highlighting overall expenditure management and criticises the opposition.

AnsweredQoN 455Legislative Assembly
Asked
16 June 2015
Portfolio
Treasurer

QuestionView source ↗

STATE
BUDGET — CREDIT RATING
455. Mr B.S. WYATT to the
Treasurer:
I have a supplementary question. For the benefit of the
credit rating agencies, when the government announces a particular savings
initiative, when can we be certain it will be met, as opposed to slipped over a
longer period?

AnswerView source ↗

What counts is aggregates—how we achieve overall
expenditure reductions or expenditure growth. Our track record is there. The
forecast expenditure growth for 2014–15 is the lowest for 15 years, and
we are way below that target. We are doing much better than expected. We have
had a raft of programs over the last four or five years, and no doubt we will
continue to add more to them. I reiterate that I look for more ideas and
support than carping from people on the other side of the house.

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