Terms of Reference

Terms of Reference

That a select committee, to be known as the Select Committee on State Government Financial Management be established to inquire into and report upon:
Commonwealth and state and territory fiscal relations and state and territory government financial management, including:

    1. Commonwealth funding to the states and territories – historic, current and projected;
    2. the cash and fiscal budgetary positions of state and territory governments – historic, current and projected;
    3. the level of debt of state/territory government businesses and utilities – historic, current and projected;
    4. the level of borrowing by state/territory governments – historic, current and projected;
    5. an examination of state/territory net government debt and its projected level – historic, current and projected;
    6. the reasons for any government debt including an analysis of the level and efficiency of revenue and spending;
    7. the level of investment in infrastructure and state-owned utilities by state and territory governments;
    8. the effect of dividends paid by state-owned utilities on their ability to invest;
    9. present and future ownership structures of current and former state-owned utilities and the impact of ownership on investment capacity; and
    10. the effect of investment by state-owned utilities on Australia's capacity constraints.

That the committee present its final report on or before 27 August 2008.  [On 27 August 2008 the Senate agreed to extend the committee's reporting date until 17 September 2008.]

Appointment of the Committee

For more information, contact:

Committee Secretary
Senate Select Committee on State Government Financial Management
Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3439
Fax: +61 2 6277 5809
Email: statefinance.sen@aph.gov.au