Commonwealth of Australia Explanatory Memoranda

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AGED CARE AMENDMENT (RESIDENTIAL CARE) BILL 2006

                                     2004-2005-2006




          THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA




                                         SENATE



          AGED CARE AMENDMENT (RESIDENTIAL CARE) BILL 2006



                                 CORRECTION TO THE

                           EXPLANATORY MEMORANDUM




FINANCIAL IMPACT STATEMENT

"Budget Measure - Harmonising aged care and pension assets testing" table - omit the table,
substitute the attached table to correct a typographical error in the financial years.




 (Circulated by authority of the Minister for Ageing, Senator the Honourable Santo Santoro)
Budget Measure - Harmonising aged care and pension assets testing

                        05-06     06-07     07-08    08-09          09-10    Total
                         $M        $M        $M       $M             $M       $M

Health and Ageing

Departmental costs                 1.4
1.4

Savings -
Administered costs                (6.2)     (15.5)     (22.9)       (28.8)   (73.4)


Subtotal                          (4.8)     (15.5)     (22.9)       (28.8)   (72.0)


Veterans' Affairs

Departmental costs         0.1     0.1                                         0.2

Capital                            0.1                                         0.1

Subtotal                   0.1     0.2                                         0.3

Total                      0.1    (4.6)     (15.5)     (22.9)       (28.8)
(71.7)