Hon Linda Savage asks the Treasurer about WA government investments in tobacco-related companies, following reports of investments by NSW and Victoria. The Treasurer confirms no such investments are held through the public bank account or Western Australian Treasury Corporation.

AnsweredQoN 935Legislative Council
Asked
13 November 2012
Portfolio
minister representing the Treasurer

QuestionView source ↗

TOBACCO-RELATED COMPANIES — STATE
GOVERNMENT INVESTMENT
935. Hon LINDA SAVAGE to the minister representing the
Treasurer:
I refer to recent media reports that both the New South Wales
and Victorian state governments have invested $30 million and $117 million
respectively in tobacco-related companies.
(1) Does the Western Australian government invest any money
in tobacco-related companies?
(2) If yes to
(1), what is the total value of this investment in tobacco companies and
through what bodies is this money invested?
(3) Will the
Western Australian government consider agreeing to divest itself of any
investments in tobacco-related companies as soon as possible; and, if not, why
not?

AnswerView source ↗

I thank the honourable member for some notice of this
question. The Department of Treasury advises —
(1)–(3)
No money is invested in tobacco-related companies through the public bank
account or the Western Australian Treasury Corporation.

Explore WA Government Data

Search the full archive in the free dashboard, or query programmatically via API.

Explore more