❓ Question regarding the value of incentives given to BGC and Starwood for a hotel construction project. The Minister declined to answer citing confidentiality and the Financial Management Act, but provided general information on hotel development incentives.
AnsweredQoN 3135Legislative Assembly
QuestionView source ↗
(1) Can the Minister for Tourism advise the total value of incentives given to BGC and the Starwood hotel group for the construction of a hotel on the old Fire and Emergency Service Authority house site? (2) What are the components and amounts of concessions making up that total?
AnswerView source ↗
Answered
27 November 2014
Responded by
Minister for Tourism
Response time
36 days
(1) Confidentiality of negotiations is critical in order to maintain the Government's ability to negotiate the best outcome on future land transactions. Accordingly, I will be notifying the Auditor General's office and both houses of Parliament that I will not be answering this question, as per section 82 of the
Financial Management Act 2006
.
(2) The Government incentives policy to encourage the development of hotels is detailed on the Tourism Western Australia corporate website, in the section entitled "Facilitating Infrastructure Growth". The incentives, which are assessed on a project-by-project basis, are:
(i) Land - a number of development sites throughout the city have been designated for hotel development. In some cases, favourable conditions and terms have been provided for land.
(ii) Plot Ratio Bonus - the City of Perth introduced plot ratio, or floor space, bonuses in 2013. Plot ratio bonuses of various levels can be applied to the construction of a hotel within the designated area of the Perth CBD.
Financial Management Act 2006
.
(2) The Government incentives policy to encourage the development of hotels is detailed on the Tourism Western Australia corporate website, in the section entitled "Facilitating Infrastructure Growth". The incentives, which are assessed on a project-by-project basis, are:
(i) Land - a number of development sites throughout the city have been designated for hotel development. In some cases, favourable conditions and terms have been provided for land.
(ii) Plot Ratio Bonus - the City of Perth introduced plot ratio, or floor space, bonuses in 2013. Plot ratio bonuses of various levels can be applied to the construction of a hotel within the designated area of the Perth CBD.
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