❓ A parliamentary question seeks details on private investment, justification for state government input, and analysis related to the Perth Waterfront project. The Minister provides some figures but declines to table the analysis due to potential prejudice to land sales.
AnsweredQoN 538Legislative Council
QuestionView source ↗
PERTH WATERFRONT PROJECT
I refer to the Perth Waterfront project. (1) What private sector investment has been confirmed for the buildings or any other aspects of the Perth waterfront project? (2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON
I refer to the Perth Waterfront project. (1) What private sector investment has been confirmed for the buildings or any other aspects of the Perth waterfront project? (2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON
AnswerView source ↗
I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(1) What private sector investment has been confirmed for the buildings or any other aspects of the Perth waterfront project? (2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(5) Not applicable.
(1) What private sector investment has been confirmed for the buildings or any other aspects of the Perth waterfront project? (2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(2) What private sector investment has been estimated for the buildings or any other aspects of the Perth waterfront project and how were these estimates arrived at? (3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(3) What analysis has been undertaken to justify the net $270 million state government input? (4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(4) Who undertook that analysis; will the minister table a copy of it; and, if not, why not? (5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(5) If no analysis was undertaken, how has the $270 million state government input been determined? Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
Hon HELEN MORTON replied: I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
I thank the honourable member for some notice of the question. The information has been advised to me by the Minister for Planning. (1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(1) None. It is too early in the project to confirm private sector investment. (2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(2) $170 million in private sector land acquisition and $2.2 billion in private sector construction. The estimates were calculated by professional property and financial advisers. (3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(3) A discounted cash flow analysis of project costs and revenues. (4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(4) Professional property and financial advisers. The analysis will not be tabled as it contains information that could prejudice the project land sales process. (5) Not applicable.
(5) Not applicable.
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