Richard Colbeck (Tasmania, Liberal Party, Shadow Parliamentary Secretary for Fisheries and Forestry) Share this | Link to this | Hansard source

asked the Minister for Innovation, Industry, Science and Research, upon notice, on 3 February 2011:

(1) What amount of funding has been spent and/or committed under the Automotive Transformation Scheme (ATS).

(2) How much funding remains uncommitted under the ATS for the 2010-11 financial year.

(3) What are the annual appropriations for the ATS for each of the financial years from (and including) 2011-12 through to (and including) the final financial year of the program

Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Link to this | Hansard source

The answer to the honourable senator's question is as follows:

(1) Expenses of $101,073,980 have been committed under the Automotive Transformation Scheme as at 31 Mach 2011.

(2) $29,022,020 remains uncommitted in the 2010-11 year as at 31 March 2011.

(3) Estimated Automotive Transformation Scheme Administered funding:

2011-12 $511,750,000

2012-13 $478,750,000

2013-14 $445,750,000

2014-15 $412,750,000

2015-16 $379,750,000

2016-17 $346,750,000

2017-18 $295,680,000

2018-19 $195,850,000

2019-20 $112,470,000

2020-21 $37,500,000

*All figures shown are GST exclusive.