❓ Question regarding the purpose and repayment of borrowings by the Esperance Port, as detailed in the Southern Ports' 2018 Annual Report. The Minister is asked to clarify the use of the borrowed funds and how users contribute to repayment through fees and charges.
AnsweredQoN 4241Legislative Assembly
QuestionView source ↗
I refer to the Southern Ports' 2018 Annual Report, and I ask: (a) will the Minister please provide an explanation of what the Esperance Port borrowed the money for; (b) does the Southern Ports recover funding from users through fees and charges to repay the borrowings; and (c) if yes to (b), what users are contributing to the repayment of the borrowings through fees and charges?
AnswerView source ↗
Answered
27 November 2018
Responded by
Minister for Transport
Response time
12 days
(a)-(c) Assuming the Member’s reference to “borrowed the money for” is referring to “interest bearing borrowings”, the funds were appropriated to fund the following:
All borrowings by the Southern Ports Authority relate to Esperance Port.
All borrowings by the Southern Ports Authority relate to Esperance Port.
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