❓ Dr. Nahan requests a breakdown of the $80 million expenditure for land development agency reform outlined in the 2018-19 Mid-year Review. The Treasurer provides a breakdown, detailing the allocation to the Metropolitan Redevelopment Authority (MRA).
AnsweredQoN 4750Legislative Assembly
QuestionView source ↗
I refer to page 5 of the 2018-19 Mid year Review and I ask, will the Treasurer provide a breakdown of the expenditure of $80 million for the land development agency reform?
AnswerView source ↗
Answered
12 March 2019
Response time
5 days
As per the breakdown provided on page 13 of the 2018-19 Mid-year Review, the $80 million over four years to 2021-22 for land development agency reform, includes:
• a $66 million operating subsidy for the Metropolitan Redevelopment Authority (MRA) for regulatory planning and corporate activities, previously funded through agency borrowings; and • $12 million to the MRA in 2018-19 for the settlement of the Forrestdale Business Park East project loan between the MRA and the Western Australian Land Authority.
• a $66 million operating subsidy for the Metropolitan Redevelopment Authority (MRA) for regulatory planning and corporate activities, previously funded through agency borrowings; and • $12 million to the MRA in 2018-19 for the settlement of the Forrestdale Business Park East project loan between the MRA and the Western Australian Land Authority.
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