Federal Financial Relations (National Specific Purpose Payments) Determination 2015-16 (Cth)
| FEDERAL FINANCIAL RELATIONS (NATIONAL SPECIFIC PURPOSE PAYMENTS) DETERMINATION 2015-16 | |
| I, SCOTT JOHN MORRISON, Treasurer, make this Determination under Part 3 of the Federal Financial Relations Act 2009. | |
| SCOTT JOHN MORRISON |
|
PART 1 — PRELIMINARY
Name of Determination
This determination is the Federal Financial Relations (National Specific Purpose Payments) Determination 2015-16.
Commencement
This determination commences on the day on which this determination is made.
Definitions
The following definitions are used throughout this determination:
Act means the Federal Financial Relations Act 2009.
State includes the Australian Capital Territory and the Northern Territory.
PART 2 — NATIONAL SPECIFIC PURPOSE PAYMENTS
National specific purpose payment for disability services
In accordance with subsection 13(4) of the Act, the indexation applied to the disability services national specific purpose payment will be a rolling five year average of nominal Gross Domestic Product year-on-year growth.
For the purposes of paragraph 13(2)(c) of the Act, the 2015-16 total amount for the disability services national specific purpose payment adjusted in accordance with 13(4) of the Act is $1,438,826,480.90.
In accordance with subsection 13(5) of the Act, the amounts specified in Table 1 are to be paid, for the 2015-16 financial year, to the States specified in that table for the purpose of expenditure on disability services.
Table 1: National specific purpose payment for disability services, 2015-16
National specific purpose payment for skills and workforce development
In accordance with subsection 12(4) of the Act, the indexation applied to the skills and workforce development national specific purpose payment from the previous financial year is the sum of:
-85 per cent Wage Cost Index 1 (comprising safety net wage adjustment weighted by 75 per cent and all groups CPI weighted by 25 per cent); and
-15 per cent Wage Cost Index 6 (comprising safety net wage adjustment weighted by 40 per cent and all groups CPI weighted by 60 per cent).
For the purposes of paragraph 12(2)(c) of the Act, the 2015-16 total amount for the skills and workforce development national specific purpose indexed in accordance with 12(4) of the Act is $1,455,484,015.83.
In accordance with subsection 12(5) of the Act, the amounts specified in Table 2 are to be paid, for the 2015-16 financial year, to the States specified in that table for the purpose of expenditure on skills and workforce development.
Table 2: National specific purpose payment for skills and workforce development, 2015-16
National specific purpose payment for housing services
In accordance with subsection 14(4) of the Act, the indexation applied to the housing services national specific purpose payment from the previous financial year will be Wage Cost Index 1 (comprising safety net wage adjustment weighted by 75 per cent and all groups CPI weighted by 25 per cent).
For the purposes of paragraph 14(2)(c) of the Act, the 2015-16 total amount for the housing services national specific purpose payment indexed in accordance with subsection 14(4) of the Act is $1,324,051,803.62.
In accordance with subsection 14(5) of the Act, the amounts specified in Table 3 are to be paid, for the 2015-16 financial year, to the States specified in that table for the purpose of expenditure on housing services.
Table 3: National specific purpose payment for housing services, 2015-16
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