Hon. J.B.

HOCKEY Treasurer Media Release Wednesday, 27 November 2013 STATEMENT REGARDING MEETING WITH STATE TREASURERS Today, I e!d my "#rs$ mee$#n% &#$ $ e '$a$e and Terr#$ory Treas(rers, & ere &e d#s)(ssed a ne& #n"ras$r()$(re *ar$ners #* and $ e +'T $ res o!d "or on!#ne *(r) ases. On #n"ras$r()$(re, &e a%reed $o )ommen)e &or, on ne& #n)en$#ves "or b(#!d#n% -(s$ra!#a.s e)onom#) #n"ras$r()$(re, o& $ a$ s o(!d be "(nded and o& &e #n)rease $ e *r#va$e se)$or.s #nvo!vemen$. We &#!! re)onvene ear!y #n 201/ $o )on$#n(e $ ese d#s)(ss#ons. On +'T, $ e '$a$es &ere *rov#ded &#$ $ e ma$er#a! $ ey ad *rev#o(s!y re0(es$ed on $ e )os$s o" any ) an%es $o $ e on!#ne $ res o!d. T ey &#!! no& )ons#der $ a$ adv#)e. T ere &as no a%enda #$em $o d#s)(ss any ) an%es $o $ e base or ra$e o" $ e +'T. I a!so #n"ormed $ e Treas(rers abo($ $ e domes$#) and %!oba! e)onom#) o($!oo, and $ e s$a$e o" $ e Common&ea!$ +overnmen$.s b(d%e$. T ey &ere #n"ormed $ a$ %overnmen$ deb$ &o(!d *ea, &e!! above 1/00 b#!!#on and $ a$, #n $erms o" #n)reas#n% $ e deb$ !#m#$, &e needed a b(""er on $o* o" $ a$ o" be$&een 1/0 b#!!#on and 120 b#!!#on. T ere &as %enera! )on)ern #n $ e mee$#n% abo($ $ e deb$ !#m#$, $ e need $o avo#d (n)er$a#n$y aro(nd #$, as &e!! as d#s)(ss#on on & e$ er #$ )o(!d #m*a)$ on $ e '$a$es. 3EN4'5