Mr. Kelly questions the Treasurer's assurance about the Water Corporation's dividend contribution to the surplus, citing budget papers indicating a much higher percentage. The Treasurer dismisses the claim and accuses Mr. Kelly of not understanding the issue.

AnsweredQoN 450Legislative Assembly
Asked
21 May 2015
Portfolio
Treasurer

QuestionView source ↗

WATER CORPORATION — WATER RATES
450. Mr D.J. KELLY to the Treasurer:
I have a supplementary question. Is
the Treasurer sure that the water dividend contribution to the surplus will be
less than one per cent? The budget papers state that in 2017–18 the
contribution will be closer to 40 per cent, and in 2018–19 it will be
closer to 20 per cent.

AnswerView source ↗

I am glad the member for Bassendean
is not the shadow Treasurer. I am actually glad that he is the shadow spokesman
for water, because he does not know what he is talking about. Whinge, whinge,
whinge! To say that the Water CorpXXX ###XXXs dividend
to us in 2018–19 will make up 40 per cent of a forecast $2.2 billion
surplus is ridiculous. The member might just whinge about that. Members will
notice how the member shifted from price rises to dividends.
Several members interjected.
The
SPEAKER : Member for Forrestfield and member for Bassendean! Right, a quick
answer, please.
Dr
M.D. NAHAN : The memberXXX ###XXXs first question
was related to price rises and then he shifted to dividends. He obviously does
not know the difference between those either. I assure members and I guarantee
that the dividend from the water authority—especially the increase—will
not get anywhere near 40 per cent of our surplus in 2018–19.

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