Dr. Nahan questions the Treasurer about Keystart's borrowings as detailed in the 2018-19 Mid Year Review. The Treasurer provides the total borrowings and forecasts new net borrowings for the next four financial years.

AnsweredQoN 4753Legislative Assembly
Asked
13 February 2019
Portfolio
Treasurer

QuestionView source ↗

I refer to page 19 of the 2018-19 Mid Year Review and I ask: (a) What was the total borrowings of Keystart at cut-off for the Mid Year Review; and (b) What is the forecast new net borrowings for Keystart for each of the following financial years: (i) 2018-19; (ii) 2019-20; (iii) 2020-21; and (iv) 2021-22?

AnswerView source ↗

Answered
12 March 2019
Response time
5 days
(a) The borrowings of Keystart at cut-off for the Mid-year Review in 2018-19 is $4.4 billion.
(b) The 2018-19 Mid-year Review forecast of new net borrowings, calculated using ‘proceeds of borrowings less repayment of borrowings’, is:
(i) 2018-19 – $437.4 million; (ii) 2019-20 – $400.9 million; (iii) 2020-21 – $2.3 million; and (iv) 2021-22 – ($1.4 million).

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