Question on Notice regarding changes in valuation methodology by WA government agencies impacting the real net worth of the public sector over several financial years. The answer indicates no significant changes except at a whole-of-government level in 2009, with details provided in a tabled paper.

AnsweredQoN 4708Legislative Council
Asked
22 September 2011
Portfolio
Treasurer

QuestionView source ↗

(1) Can the Minister identify any changes in valuation methodology by any Government agency or corporation, in the total public sector, that had an impact on the real net worth of the total public sector by more than $100 million, in any of the financial years ending -
(a) 30 June 2011;
(b) 30 June 2010;
(c) 30 June 2009; and
(d) 30 June 2008?
(2) If yes to (1), for each year, what was -
(a) the name of the agency;
(b) the impact on the real net worth of the change; and
(c) the reason for the change in methodology?

AnswerView source ↗

Answered
1 November 2011
Responded by
Minister for Finance representing the Treasurer
Response time
40 days
(1)(a)-(b) No
(1)(c) No. However, a valuation methodology change at the whole-of-government level had such an impact in that year (see response to Question 2).
(1)(d) No
(2)(a) [see tabled paper no]
(2)(b) [see tabled paper no]
(2)(c) [see tabled paper no]
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