❓ Mr. Wyatt questions the Treasurer regarding the potential sale of the Kwinana Bulk Terminal as part of a settlement with Mr. Buckeridge, emphasizing the need for transparency and value for money. The Treasurer declines to commit to a public open tender, stating it may not be the best value proposition.
AnsweredQoN 733Legislative Assembly
QuestionView source ↗
KWINANA
BULK TERMINAL — SALE
733. Mr B.S. WYATT to the
Treasurer:
I refer to the inclusion of the Kwinana Bulk Terminal as a
possible component of settling legal action with Mr Buckeridge. The Department
of Treasury's document titled, ''Strategic Asset Management
Framework: Asset Retention and Disposal'', states —
Asset disposal should be well-planned
and managed to ensure that maximum value for money is achieved for government,
and that probity and transparency are upheld.
(1) Will the
Treasurer now commit to ensuring that any change in ownership of the Kwinana
Bulk Terminal will take place by public open tender to ensure that maximum
value for money is achieved for government?
(2) Is it not
the case that to ensure maximum transparency and to ensure that taxpayers
receive maximum value for money, any settlement of the litigation with Mr Buckeridge
and any sale of the Kwinana Bulk Terminal must be kept separate?
BULK TERMINAL — SALE
733. Mr B.S. WYATT to the
Treasurer:
I refer to the inclusion of the Kwinana Bulk Terminal as a
possible component of settling legal action with Mr Buckeridge. The Department
of Treasury's document titled, ''Strategic Asset Management
Framework: Asset Retention and Disposal'', states —
Asset disposal should be well-planned
and managed to ensure that maximum value for money is achieved for government,
and that probity and transparency are upheld.
(1) Will the
Treasurer now commit to ensuring that any change in ownership of the Kwinana
Bulk Terminal will take place by public open tender to ensure that maximum
value for money is achieved for government?
(2) Is it not
the case that to ensure maximum transparency and to ensure that taxpayers
receive maximum value for money, any settlement of the litigation with Mr Buckeridge
and any sale of the Kwinana Bulk Terminal must be kept separate?
AnswerView source ↗
(1)–(2)
The answer is no.
Mr
B.S. WYATT : Is that an answer to (1) or (2)?
Mr T.R. BUSWELL :
Both. The answer to (1) is no; I will not commit to the sale of the Kwinana
Bulk Terminal being through public open tender, because we may get advice that
that is not the best value proposition for the people of Western Australia. As
the member alluded, there are two issues here. One of those issues is the sale
of the asset at Kwinana Bulk Terminal, and an associated land package, I should
add. The second is the Supreme Court action that we are attempting to settle
with Mr Buckeridge. Clearly, one is a potential source of revenue to the state
and the other is a potential cost to the state. We will work through a negotiated process with James Point Pty
Ltd, and if the result is that the best value proposition for the people of
Western Australia is that it should be sold as part of that settlement, that is
what will happen. If that is not the outcome, clearly it will not happen. If
the outcome of those negotiations and the advice we receive is that the best way
for the state to proceed is to deal with those two issues independently, that
is what we will do.
The answer is no.
Mr
B.S. WYATT : Is that an answer to (1) or (2)?
Mr T.R. BUSWELL :
Both. The answer to (1) is no; I will not commit to the sale of the Kwinana
Bulk Terminal being through public open tender, because we may get advice that
that is not the best value proposition for the people of Western Australia. As
the member alluded, there are two issues here. One of those issues is the sale
of the asset at Kwinana Bulk Terminal, and an associated land package, I should
add. The second is the Supreme Court action that we are attempting to settle
with Mr Buckeridge. Clearly, one is a potential source of revenue to the state
and the other is a potential cost to the state. We will work through a negotiated process with James Point Pty
Ltd, and if the result is that the best value proposition for the people of
Western Australia is that it should be sold as part of that settlement, that is
what will happen. If that is not the outcome, clearly it will not happen. If
the outcome of those negotiations and the advice we receive is that the best way
for the state to proceed is to deal with those two issues independently, that
is what we will do.
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