❓ Mr. Wyatt asks about the operating costs of managing Western Australian Treasury Corporation bonds held by the WA Future Fund. The Treasurer responds that the management fee paid to WATC is $250,000, with no additional costs for managing WATC-issued bonds.
AnsweredQoN 5078Legislative Assembly
QuestionView source ↗
What
are the operating costs specifically associated with the management of Western Australian Treasury Corporation
bonds held by the Western Australian Future Fund?
are the operating costs specifically associated with the management of Western Australian Treasury Corporation
bonds held by the Western Australian Future Fund?
AnswerView source ↗
Answered
23 March 2016
Response time
28 days
Treasury pays the Western Australian Treasury Corporation (WATC) a management fee for the operation and management of the Future Fund. In 2015-16, this fee is $250,000. There are no additional costs associated with WATC managing WATC-issued bonds.
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