Part 4 Fiscal strategy statement

4.   Purpose of fiscal strategy statement

The purpose of a fiscal strategy statement is to –

(a) establish a benchmark for evaluating the Government's fiscal performance; and

(b) increase public awareness of the fiscal policies of the Government and Opposition parties.

5.   Public announcement and tabling of Government's fiscal strategy statement

(1) The Treasurer is to publicly announce and table the first fiscal strategy statement for a particular Government at or before the time of the Government's first budget.

(2) If the Government wants to change its fiscal strategy statement, it may do so at any time by the Treasurer publicly announcing and tabling a new fiscal strategy statement.

(3) If a House of Parliament is not sitting when a fiscal strategy statement is publicly announced –

(a) the statement still takes effect from its public announcement; and

(b) the Treasurer is to table the statement in that House of Parliament as soon as practicable after it next sits.

6.   Public announcement before election of party's fiscal strategy statement

[Part 4 of Schedule 1 Amended by No. 34 of 2011, s. 4, Applied:25 Oct 2011] [Part 4 of Schedule 1 Amended by No. 37 of 2015, s. 4, Applied:13 Oct 2015]

(1) The Premier is to publicly announce a fiscal strategy statement, and provide a copy of the statement to the Secretary, within 15 days of the commencement of the election costing period.

(2) The Leader of an Opposition party is to publicly announce a fiscal strategy statement, and provide a copy of the statement to the Secretary, within 15 days of the commencement of the election costing period.

(3) A fiscal strategy statement that is publicly announced and provided by the Premier to the Secretary under is to be taken to be a fiscal strategy statement publicly announced and tabled under .