Opposition Leader Mark McGowan questions the Treasurer, Dr. Mike Nahan, about extending the Bank of Western Australia Amendment Act 2012 to ensure Bankwest's commitment to WA. The Treasurer's response is evasive, leading to heated exchanges.

AnsweredQoN 919Legislative Assembly
Asked
16 November 2016
Portfolio
Treasurer

QuestionView source ↗

BANK OF WESTERN AUSTRALIA AMENDMENT ACT —
REQUIREMENTS
919. Mr M. McGOWAN to the Treasurer:
I have a supplementary question. If
the bank has, as the Treasurer said, verbally committed to extend these
commitments, would it not therefore be appropriate to extend the provisions of
the Bank of Western Australia Amendment Act 2012 for another 10 years to ensure
that that commitment is met?

AnswerView source ↗

That is a decision that we will
make.
Mr
M. McGowan : Yes or no?
Dr
M.D. NAHAN : Give me time.
Mr
M. McGowan : No-one can trust you.
Dr
M.D. NAHAN : Yeah, yeah.
Mr
M. McGowan : No-one can trust you.
The
SPEAKER : Okay; that is enough!
Dr
M.D. NAHAN : Bankwest is committed to Western Australia. Over 10 years, its
footprint in Western Australia has changed. So far, it has met all those
conditions and expanded —
Mr
M. McGowan : They're in the act.
The
SPEAKER : That is enough!
Mr
D.J. Kelly interjected.
The
SPEAKER : That is enough!
Dr
M.D. NAHAN : Yeah, yeah. Its footprint will evolve.
Mr
M. McGowan : It will evolve!
Dr M.D. NAHAN : Yes, it will evolve. People do change their banking ways sometimes; I do. Bankwest
has been and continues to be—it is expected to and it is committed to
being—an excellent corporate citizen of this state.

Explore WA Government Data

Search the full archive in the free dashboard, or query programmatically via API.

Explore more