The 2012-13 ACT Budget Consultation
The ACT Treasurer Andrew Barr MLA, invites interested ACT residents, community and business groups, unions, and other stakeholders to share their views in developing the 2012-13 Budget. Suggestions are sought on the prioritisation and efficient allocation of resources in the areas of service delivery and capital expenditure. Interested parties may provide submissions to the Government.
In the ACT, we have demonstrated a track record of sound and sustainable economic and financial management and the fundamentals of our economy remain strong. We have stable and robust growth, low unemployment and high labour participation, and relatively high wages compared to the rest of the nation.
But we are not immune from global factors. Ongoing financial market volatility, however, have created uncertainty and instability across world economies. Consumers continue to be cautious and this weighs on our national household consumption.
The underlying budget deficit is forecast to be around $52.9 million in 2011-12, with an improvement expected across the forward estimates, returning to surplus in 2013-14, as per the Budget Plan.
The Government has maintained fiscal restraint in an environment of growing needs for service delivery, and below trend growth in Commonwealth revenues. Savings of around $119 million and $122 million have been incorporated in 2012-13 and 2013-14 respectively.
As part of the efficiencies being implemented, the Government has sought to limit the growth in the size of the public service. The efficiency measures are also targeted at administrative expenditures.
The Government has also committed to ensure that in restoring a balanced budget, core services, community safety, and risk mitigation and protection are maintained to the high standard the community expects.
In preparing your submission, the Government asks that you consider and address the following questions.
- What services do you believe are most important for the Territory?
- What infrastructure priorities should the Government consider initiating in the next four years?
- Should the Government maintain its current suite of services?
- How can the Government deliver current services more efficiently and productively?
- Are there any services you consider that the community should make a direct contribution to (a fee for service)?
The Government would like to hear your suggestions. Submissions close on 24 February 2012.
Personal/Organisation Details
Written Submissions
Written submissions can be emailed to: budgetconsultation@act.gov.au or posted to:
ACT Budget Consultation
Treasury Directorate
GPO Box 158
CANBERRA ACT 2601
For further enquiries, please call the ACT Treasury Directorate on: 6207 1375
The closing date for feedback is 24 February 2012.
Disclaimer: All submissions will be made publicly available on the Budget Consultation Website unless otherwise requested.