A WA parliamentary question on notice regarding the cost and funding of a convention centre project, comparing figures from the current and previous governments. The Minister provides figures but notes a potential need for correction.

AnsweredQoN 808Legislative Council
Asked
28 November 2001
Portfolio
Housing and Works

QuestionView source ↗

(1) What is the nominal value of the convention centre project as agreed to by the Labor Government? (2) What was the nominal value of the convention centre project as agreed to by the previous Government? (3) Can the minister detail the major components of the project that have changed which would explain the difference of some $100 million in the cost of the project? (4) What is the nominal value of the State Government’s direct financial contribution? (5) What is the nominal value of direct financial contributions by local government? (6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS

AnswerView source ↗

Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(2) What was the nominal value of the convention centre project as agreed to by the previous Government? (3) Can the minister detail the major components of the project that have changed which would explain the difference of some $100 million in the cost of the project? (4) What is the nominal value of the State Government’s direct financial contribution? (5) What is the nominal value of direct financial contributions by local government? (6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(3) Can the minister detail the major components of the project that have changed which would explain the difference of some $100 million in the cost of the project? (4) What is the nominal value of the State Government’s direct financial contribution? (5) What is the nominal value of direct financial contributions by local government? (6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(4) What is the nominal value of the State Government’s direct financial contribution? (5) What is the nominal value of direct financial contributions by local government? (6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(5) What is the nominal value of direct financial contributions by local government? (6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(6) What is the nominal value of the private financial contribution to the project? (7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(7) Will any of the 138 serviced apartments be sold for private residential use; and, if so, how many? (8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(8) Why did the Government agree to change the project requirements from a hotel to serviced apartments? Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
Hon TOM STEPHENS replied: Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
Mr President, I will provide the following answer. I will check a particular detail in the answer which may not accurately respond to the precise way in which the member has asked the question. If I check that detail and find that I need to subsequently correct the answer, I will. (1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(1) A nominal value of $220 million. (2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(2) A nominal value of $192.7 million. (3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(3) The increase in the cost of the project is to be borne by the developer and reflect the reality of bringing a project concept to fruition. (4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(4) A nominal value of $121 712.954 million, which is equal to $100 million at July 2000 values. (5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(5) A nominal value of $45 million. (6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(6) The balance is borne by the private sector. (7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(7) No. (8) There has been no change. Serviced apartments are a form of hotel room.
(8) There has been no change. Serviced apartments are a form of hotel room.

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