Australian Capital Territory
Electoral (Expenditure cap for 2017) Declaration 2016
Notifiable instrument NI2016 — 627
made under the
Electoral Act 1992, s205E (Working out indexation for expenditure cap)
1	Name of instrument
	This instrument is the Electoral (Expenditure cap for 2017) Declaration 2016.
2	Commencement 
	This instrument commences on 1 January 2017.
3	Calculation
The yearly amount for the period 1 January 2017 to 31 December 2017 is worked out as follows:
EC + (EC x CPI* percentage increase)
where:
CPI means the all groups consumer price index number, being the weighted average of the 8 capital cities, published by the Australian Statistician.
CPI percentage increase for the year, means the annual percentage increase in the CPI from the September quarter of the previous year to the September quarter of the year the calculation is made.
EC means the expenditure cap for the year the calculation is made, and for 2016 is $40,000, according to section 205D(a).
The CPI number for the September 2016 quarter is 109.4.
The CPI number for the September 2015 quarter is 108.0.
The annual percentage increase is calculated by dividing the increase in the September quarter CPI index by the earlier index and multiplying by 100%.  For the period September 2015 to September 2016, the percentage increase is calculated as follows:
(109.4 – 108.0)  x  100% = 1.29630%.
108.0
The expenditure cap amount for 2017 is calculated as:
40,000 + (40,000 x 1.29630%) = $40,518.52

In accordance with section 205E(4), if the calculation of the expenditure cap results in an expenditure cap that is not a multiple of $5, the amount declared must be rounded up to the next whole dollar amount that is a multiple of 5.
Therefore, the expenditure cap for 2017 is $40,520.
4	Declaration
I declare the amount for 2017 to be $40,520.
5	Expiry
	This instrument expires on 31 December 2017.

Phillip Green
Electoral Commissioner

10 November 2016