A WA parliamentary question scrutinizing the Geraldton Port Authority's financial and contractual arrangements, focusing on debt management and lease agreements. The response provides some clarity but lacks detail in certain areas.

AnsweredQoN 4527Legislative Council
Asked
16 August 2011
Portfolio
Transport

QuestionView source ↗

I refer to the Geraldton Port Authority and ask -
(1) Do companies that regularly export through the Port have contracts with the Port Authority or are services provided on a fee for service basis?
(2) How long after a service is provided by the Port is an invoice issued by the Port Authority?
(3) What are the standard payment terms for companies that use Port Authorities services?
(4) What actions does the Port Authority take if a debt is overdue?
(5) Which companies have a current lease for space within the Port?
(6) Is the Port Authority up to date with the issuing of invoices?
(7) What is the value of debts that are more than 30 days overdue and how many separate debtors are involved?
(8) What is the value of debts that are more than 90 days overdue and how many separate debtors are involved?
(9) What is the value of debts that are more than 6 months overdue and how many separate debtors are involved?
(10) What is the value of debts that are more than a year overdue and how many separate debtors are involved?

AnswerView source ↗

Answered
21 September 2011
Responded by
Minister for Finance representing the Minister for Transport
Response time
36 days
(1) A combination of both.
(2)  As soon as practicably possible.
(3) 30 Days.
(4)  Appropriate recovery action is initiated.
(5)
Karara Mining
Mount Gibson Iron
CBH Group
Crosslands Resources
Sinosteel MidWest
Iluka Resources
GMA Garnet
Rio Tinto, Luzenac
Minerals & Metals Group
Jabiru Metals
Svitzer
Numerous lessee within the fishing boat harbour
(6) Yes
(7) As at 18 August 2011 - $141 862 - 29 Debtors.
(8) As at 18 August 2011 - $32 202 - 13 Debtors.
(9) As at 18 August 2011 - $16 960 - 5 Debtors.
(10) As at 18 August 2011 - $13 482 - 4 Debtors.
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