Senate debates

Thursday, 13 October 2011

Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

The administered expenses for the program for the financial years requested are shown on page 212 of the Treasury's portfolio budget statement. http://www.treasury.gov.au/documents/2027/PDF/08_ATO.pdf

Departmental funding for the ATO's administration of the First Home Saver Accounts measure was agreed as part of the 2008-09 Budget. The ATO's departmental resourcing for 2011-12 is $12.503 million as set out on page 159 of the 2008-09 Portfolio Budget Statements – Treasury Portfolio. This funding is ongoing from 2012-13.

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