Hon. Kate Doust asks about the status, cost, and public release of a government review of Verve Energy's financial situation. Hon. Peter Collier responds that the report is incomplete, but he intends to release it publicly, and the final cost is yet to be determined but will be under $100,000.

AnsweredQoN 706Legislative Council
Asked
11 August 2009
Portfolio
Energy

QuestionView source ↗

VERVE ENERGY — FINANCIAL REVIEW
I refer to the government’s review of Verve Energy’s financial situation. (1) Has the report been completed; and, if so, when was it delivered to the minister? (2) When will the minister table this report and make it public? (3) What was the total cost of producing the report? (4) What was the total amount paid to Mr Peter Oates to complete the report? Hon PETER COLLIER

AnswerView source ↗

I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(1) Has the report been completed; and, if so, when was it delivered to the minister? (2) When will the minister table this report and make it public? (3) What was the total cost of producing the report? (4) What was the total amount paid to Mr Peter Oates to complete the report? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(2) When will the minister table this report and make it public? (3) What was the total cost of producing the report? (4) What was the total amount paid to Mr Peter Oates to complete the report? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(3) What was the total cost of producing the report? (4) What was the total amount paid to Mr Peter Oates to complete the report? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(4) What was the total amount paid to Mr Peter Oates to complete the report? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
I thank the honourable member for some notice of the question. (1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(1) No, the final report has not been completed. (2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(2) I remain committed to publicly releasing it. (3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.
(3)-(4) Mr Oates has not completed his advice about Verve’s financial situation and therefore the final cost has not been determined. However, it is expected that the total consultancy fee will be significantly below the $100 000, excluding GST, that has been allocated.

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