A parliamentary question regarding the government commissioning KPMG to investigate the viability of the privately owned Perth Convention and Exhibition Centre, its cost, potential release, and the possibility of a government buy-back. The government confirms the report, explains the rationale, provides the cost, declines immediate release due to commercial sensitivities, and denies plans to buy back the centre.

AnsweredQoN 1120Legislative Council
Asked
22 November 2006
Portfolio
minister representing the Treasurer

QuestionView source ↗

PERTH CONVENTION AND EXHIBITION CENTRE - KPMG REPORT
(1) Did the government commission KPMG to investigate the viability of the Perth Convention and Exhibition Centre? (2) If yes to (1), why did the government commission KPMG to investigate the viability of a privately owned business? (3) What was the cost of the report? (4) Will the government release the report for public scrutiny? (5) Does the government intend to buy back the convention centre? Hon LJILJANNA RAVLICH

AnswerView source ↗

I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(2) If yes to (1), why did the government commission KPMG to investigate the viability of a privately owned business? (3) What was the cost of the report? (4) Will the government release the report for public scrutiny? (5) Does the government intend to buy back the convention centre? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(3) What was the cost of the report? (4) Will the government release the report for public scrutiny? (5) Does the government intend to buy back the convention centre? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(4) Will the government release the report for public scrutiny? (5) Does the government intend to buy back the convention centre? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(5) Does the government intend to buy back the convention centre? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
I thank the member for some notice of this question. On behalf of the Treasurer I provide the following response - (1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(1) Yes. (2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(2) The review was initiated to address the concerns of the operators, and the tourism and hospitality industry more broadly, that the Perth Convention and Exhibition Centre is not realising the potential economic and community benefits envisaged by the previous government when it commissioned the project. Also, the government invested $122 million in the development of the PCEC and provides ongoing funding for marketing through the Perth Convention Bureau. Therefore, it was considered appropriate to examine the performance of this significant public investment. (3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(3) The cost was $74 320 excluding goods and services tax. (4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(4) Given the commercial sensitivities, it would be inappropriate to release the report at this point. The government is yet to consider the KPMG report and will do so within its normal processes, which will include deliberation by the cabinet expenditure review committee where appropriate. (5) No.
(5) No.

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