Kelly O'Dwyer (Higgins, Liberal Party, Minister for Revenue and Financial Services) Share this | Hansard source

I would like to thank everyone who has contributed to the debate on these bills. Appropriation Bill (No. 1) 2016-2017, Appropriation Bill (No. 2) 2016-2017 and Appropriation (Parliamentary Departments) Bill (No. 1) 2016-2017 form the principal bills underpinning the government's budget. The provisions in the bills seek authority for appropriations broadly equivalent to seven-twelfths of the estimated 2016-17 annual appropriations plus budget measures. Together with supply acts, these bills provide appropriations for the full year of 2016-17.

Appropriation Bill (No. 1) 2016-2017 seeks authority for meeting the expenses of the ordinary annual services of the government and approval for additional appropriations from the consolidated revenue fund of just over $49 billion for 2016-17. Appropriation Bill (No. 2) 2016-2017 seeks approval for appropriations from the Consolidated Revenue Fund of just under $9 billion in 2016-17. This bill provides for non-ordinary annual services of government, including capital works and services and payments to states, territories and local government authorities. The purpose of Appropriation (Parliamentary Departments) Bill (No. 1) 2016-2017 is to provide funding for the operation of the Department of the Senate, the Department of the House of Representatives, the Department of Parliamentary Services and the Parliamentary Budget Office. This bill seeks approval for appropriations from the Consolidated Revenue Fund of just over $147 million. Details of the proposed expenditure are set out in the schedules to the bills and portfolio budget statements previously tabled in the parliament. I commend the bills.

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