Gary Nairn (Eden-Monaro, Liberal Party, Special Minister of State) Share this | Link to this | Hansard source

I move:

That this bill be now read a second time.

It is with great pleasure that I introduce Appropriation Bill (No. 2) 2006-2007, which, together with Appropriation Bill (No. 1) 2006-2007, is one of the principal pieces of legislation underpinning the second budget of the fourth term of the coalition government.

Appropriation Bill (No. 2) 2006-2007 provides funding for agencies to meet:

• expenses in relation to grants to the states under section 96 of the Constitution and for payments to local government authorities, the Northern Territory, the Australian Capital Territory and local government authorities;
• administered expenses for new outcomes;
• requirements for departmental equity injections, loans and previous years’ outputs; and
• requirements to create or acquire administered assets and to discharge administered liabilities.

Appropriation Bill (No. 2) 2006-2007 seeks approval for appropriations totalling $9,214.6 million from the consolidated revenue fund.

Appropriation Bill (No. 2) includes a minor technical change to clauses and schedules relating to state payment items. References to ‘states’ have been expanded to include the Australian Capital Territory, Northern Territory, and local government authorities.

Details of the proposed appropriations are set out in schedule 2 to the bill, the main features of which were outlined in the budget speech delivered by my colleague the Treasurer earlier this evening.

I commend the bill to the House.

Debate (on motion by Ms Gillard) adjourned.