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Budget week 2016

State Budget 2016-17

Budget week is when the government introduces its proposed budget to the parliament, detailing revenue and expenditure for the upcoming financial year.
The parliament's annual budget week sittings for 2016 occurred from 14 to 17 June.

The budget speech was delivered on 14 June with the Treasurer tabling the Appropriation Bills. (An Appropriation Bill is a legislative act proposing to authorise the expenditure of public funds for a specified purpose.) The second reading debate on the Appropriation Bills was then held on 16 and 17 June. 

At the conclusion of this second reading debate, the Appropriation Bills were referred to the parliament's portfolio committees for further scrutiny. This is known as the estimates process with each of the parliament’s seven portfolio committees tasked with scrutinising the proposed budgets for each of the government departments that they are responsible for overseeing. Collectively, the seven portfolio committees oversee and scrutinise all government departments.

Committees then held their estimates hearings over seven days of sittings, from 19 to 28 July 2016. Each committee will now report their findings to the parliament.

This scrutiny by the parliament of the government's annual financial requirements is an important and powerful feature of the legislature's role.