33Additional statements about Commonwealth stock and securities

33 Additional statements about Commonwealth stock and securities

(1) This clause applies when the actual face value of Commonwealth stock and securities on issue has increased by $50 billion or more since whichever of the following last occurred: (a) a budget economic and fiscal outlook report, a mid‑year economic and fiscal outlook report or a pre‑election economic and fiscal outlook report was publicly released; (b) a statement under this clause was tabled. (2) The Treasurer is to table in each House of the Parliament, within 3 sittings days of that House after the increase referred to in subclause (1), a statement setting out the reasons for the increase, including the extent to which any of the following contributed to the increase: (a) lower than expected revenue; (b) higher than expected spending; (c) capital purchases; (d) grants to State and Territory governments for infrastructure.