❓ Shadow Treasurer Saffioti questions the Treasurer on the specifics of the government's asset sale program, particularly regarding the allocation of proceeds to debt retirement and infrastructure investment. The Treasurer deflects, stating the Premier is in charge and that it's too early to provide percentages.
AnsweredQoN 470Legislative Assembly
QuestionView source ↗
ASSET SALE PROGRAM
470. Ms R. SAFFIOTI to the
Treasurer:
I refer to the Premier's
statement in this house on 13 June in which he revealed that the asset sale
program will be focused on land sales, and that some of the proceeds would be
used to stabilise debt and some to reinvest in infrastructure.
(1) What percentage of these asset
sales will be used for the retirement of debt?
(2) What percentage of these asset
sales will be used to reinvest in infrastructure?
(3) Can the Treasurer now advise
this house when net debt will peak?
470. Ms R. SAFFIOTI to the
Treasurer:
I refer to the Premier's
statement in this house on 13 June in which he revealed that the asset sale
program will be focused on land sales, and that some of the proceeds would be
used to stabilise debt and some to reinvest in infrastructure.
(1) What percentage of these asset
sales will be used for the retirement of debt?
(2) What percentage of these asset
sales will be used to reinvest in infrastructure?
(3) Can the Treasurer now advise
this house when net debt will peak?
AnswerView source ↗
(1)–(3) As
the member knows, the Premier is in charge of the asset sales program. She
should have put the question to him as it is actually a question for him. To
reiterate what the Premier said, we are entering into an asset sale program,
including land sales.
Several members
interjected.
The SPEAKER : Are you people finished at
the back? Would you like to go outside?
Dr
M.D. NAHAN : We are in the process of selling some land, but we have not
sold any yet. In order to answer the member's question, we have to know
what the value of the total transactions would be in terms of assets and land.
We do not know that.
Ms
R. Saffioti : We asked for a percentage.
Dr
M.D. NAHAN : In order to calculate percentages, we have to know what the
totality is, and we honestly do not know because we have not sold anything yet.
I ask the member to please put some effort into her questions.
the member knows, the Premier is in charge of the asset sales program. She
should have put the question to him as it is actually a question for him. To
reiterate what the Premier said, we are entering into an asset sale program,
including land sales.
Several members
interjected.
The SPEAKER : Are you people finished at
the back? Would you like to go outside?
Dr
M.D. NAHAN : We are in the process of selling some land, but we have not
sold any yet. In order to answer the member's question, we have to know
what the value of the total transactions would be in terms of assets and land.
We do not know that.
Ms
R. Saffioti : We asked for a percentage.
Dr
M.D. NAHAN : In order to calculate percentages, we have to know what the
totality is, and we honestly do not know because we have not sold anything yet.
I ask the member to please put some effort into her questions.
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