Media release 18 November 2016

smalllogo

Phil Bowen PSM FCPA
Parliamentary Budget Officer


18 November 2016


Media release


Clean Energy Finance Corporation costing


Recently, at the request of Senator David Leyonhjelm, the Parliamentary Budget Office (PBO) costed the impact of abolishing the Clean Energy Finance Corporation (CEFC).

The PBO has revised this costing to exclude estimates beyond the forward estimates period.

“The CEFC’s lending history is too short to provide a reasonable basis for estimating the longer term budget impact of abolishing the Corporation,” Parliamentary Budget Officer, Phil Bowen said today.



Contact Officer


Colin Brown
First Assistant Parliamentary Budget Officer
(02) 6277 9530


Parliamentary Budget Office PO Box 6010 Parliament House Canberra ACT 2600
Tel: 02 6277 9500  Web: www.pbo.gov.au