❓ Hon. Norman Moore asks about new local government investment guidelines. Hon. Ljiljanna Ravlich confirms the guidelines are new, advise on investment policy preparation, discuss risk, and prohibit speculative investments.
AnsweredQoN 100Legislative Council
QuestionView source ↗
LOCAL GOVERNMENT — INVESTMENT GUIDELINES
I refer the minister to an announcement made on 21 February concerning new investment guidelines for local government. (1) Will the minister table a copy of the new guidelines? (2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH
I refer the minister to an announcement made on 21 February concerning new investment guidelines for local government. (1) Will the minister table a copy of the new guidelines? (2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH
AnswerView source ↗
I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(1) Will the minister table a copy of the new guidelines? (2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
[See paper 3733.]
(1) Will the minister table a copy of the new guidelines? (2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(2) What are the main changes to previous guidelines? (3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(3) Do the guidelines recommend restrictions on higher risk investment options such as hedge funds? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
I thank the member for some notice of this question. (1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(1) Yes. I seek leave to table the attached document. (2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(2) This is a new guideline advising local governments on how to prepare an appropriate investment policy. The guideline follows the same publication style as the rest of the department’s guideline series. (3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
(3) The guideline provides in-depth discussion about risk and return objectives. There is a section on complex and structured instruments and how these investment options can elevate the level of risk. The guideline contains recommended investment policy that prohibits investing in speculative investment products. [See paper 3733.]
[See paper 3733.]
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.