❓ Hon Christine Sharp questions the Minister for State Development regarding the allocation of $8 million from the business development fund for the Sotico Pty Ltd takeover, specifically ensuring the funds remain within Western Australia. The Minister confirms that offers of financial assistance were made only to WA-owned companies.
AnsweredQoN 550Legislative Council
QuestionView source ↗
(1) With regard to the $8 million that was to have been made available to a local furniture consortium were it to take over ownership of Sotico Pty Ltd, has the minister taken steps to prevent that same money from the business development fund being made available to eastern states or multinational companies should non Western Australian interests be successful in bidding for the takeover of Sotico? (2) If yes, what steps has the minister taken? (3) If no, why not? Hon KEN TRAVERS
AnswerView source ↗
I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(2) If yes, what steps has the minister taken? (3) If no, why not? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(3) If no, why not? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(2) See (1). (3) Not applicable.
(3) Not applicable.
(2) If yes, what steps has the minister taken? (3) If no, why not? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(3) If no, why not? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
I thank the member for some notice of this question. I am advised as follows - (1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(1) The Wesfarmers Ltd tender process for the sale of Sotico has now closed. Prior to the close of bids the State Government made offers of financial assistance to three companies, all of which operate within Western Australia and are majority or wholly Western Australian owned. (2) See (1). (3) Not applicable.
(2) See (1). (3) Not applicable.
(3) Not applicable.
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