Hon Dr Steve Thomas asks the Premier about the gross and net savings achieved by the government's Voluntary Targeted Separation Scheme (VTSS) from its implementation to the end of the 2022-23 financial year. The Premier provides the requested financial data, including a breakdown by financial year.

AnsweredQoN 1068Legislative Council
Asked
14 September 2023
Portfolio
Leader of the House representing the Premier

QuestionView source ↗

VOLUNTARY TARGETED SEPARATION SCHEME
1068. Hon Dr STEVE THOMAS to the Leader of the House
representing the Premier:
I refer to my question without
notice 244 of 3 June 2021 on the government's voluntary targeted
separation scheme and I ask about the period up to the end of the 2022–23
financial year.
(1) From the implementation date of the VTSS, what are
the actual gross savings achieved by the government?
(2) From the
implementation date of the VTSS, what are the actual net savings achieved by
the government?
(3) For each
financial year from 2017–18 to 2022–23, what have been both the
gross and net savings from the VTSS?

AnswerView source ↗

I thank the honourable member for
some notice of the question.
(1) Gross savings
achieved under the voluntary targeted separation scheme to 30 June 2023 are
estimated to be $884 million.
(2) Net savings
achieved under the VTSS to 30 June 2023 are estimated to be $528 million.
(3) This
information is in two tables. Gross savings estimates by year for the VTSS are
unchanged from the estimates provided in
response to Legislative Council question without notice 1292 of 30 November
2022 . The information is in tabular form and I seek leave to have the
response incorporated into Hansard .
[Leave granted for the following
material to be incorporated.]
2017
– 18
$59.9
million
2018
– 19
$137.8
million
2019
– 20
$161.9
million
2020
– 21
$164.7
million
2021
– 22
$177.2
million
2022
– 23
$182.3
million
In 2017–18 there was an
estimated net cost of $219.6 million. Estimated net savings in the following
years were as follows. The information is in tabular form and I seek leave to
have the response incorporated into Hansard .
[Leave granted for the following
material to be incorporated.]
2018
– 19
�$104.7
million
2019
– 20
�$153.8
million
2020
– 21
�$139.3
million
2021
– 22
�$167.3
million
2022
– 23
�$182.3
million

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