AAP General News (Australia)
02-22-2011
FED:Contingency reserve "not free money":Finance
A senate hearing has heard the federal budget's 13-and-a-half billion dollar contingency
fund isn't there to be plundered to pay for events like this summer's floods.
Liberal senator MATHIAS CORMANN has asked Finance Minister PENNY WONG and other Department
of Finance officials why the government didn't use the contingency reserve to fund the
flood recovery effort.
Finance Secretary DAVID TUNE has told the …
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