WA Treasurer provides forecast annual increases in gross and net interest expenses on total public sector debt from 2001/02 to 2004/05 in response to a parliamentary question. Net interest expense shows an initial decrease followed by increases.

AnsweredQoN 1872Legislative Assembly
Asked
12 June 2002
Portfolio
Treasurer

QuestionView source ↗

(b) what is the forecast annual increase in the level of interest payments on net state debt for the period 2001/2002 through to 2004/2005 inclusive?
2000/01 2001/02 2002/03 2003/04 2004/05 $m $m $m $m $m Gross interest expense 792.2 806.7 832.2 895.7 932.4 Net interest expense 237.2 221.2 266.4 294.2 351.9 (b) The annual increases in total public sector interest expenses for the period 2001/02 to 2004/05 inclusive are as follows: 2001/02 2002/03 2003/04 2004/05 $m $m $m $m Gross interest expense 14.4 25.6 63.5 36.7 Net interest expense -15.9 45.2 27.7 57.7
Gross interest expense 792.2 806.7 832.2 895.7 932.4 Net interest expense 237.2 221.2 266.4 294.2 351.9 (b) The annual increases in total public sector interest expenses for the period 2001/02 to 2004/05 inclusive are as follows: 2001/02 2002/03 2003/04 2004/05 $m $m $m $m Gross interest expense 14.4 25.6 63.5 36.7 Net interest expense -15.9 45.2 27.7 57.7
(b) The annual increases in total public sector interest expenses for the period 2001/02 to 2004/05 inclusive are as follows: 2001/02 2002/03 2003/04 2004/05 $m $m $m $m Gross interest expense 14.4 25.6 63.5 36.7 Net interest expense -15.9 45.2 27.7 57.7
2001/02 2002/03 2003/04 2004/05 $m $m $m $m Gross interest expense 14.4 25.6 63.5 36.7 Net interest expense -15.9 45.2 27.7 57.7
Gross interest expense 14.4 25.6 63.5 36.7 Net interest expense -15.9 45.2 27.7 57.7

AnswerView source ↗

Answered
27 June 2002
Response time
15 days
(a) Interest expenses for the total public sector for the period 2000/01 to 2004/05 inclusive are as follows:
2000/01 2001/02 2002/03 2003/04 2004/05
$m $m $m $m $m
Gross interest expense 792.2 806.7 832.2 895.7 932.4
Net interest expense 237.2 221.2 266.4 294.2 351.9
(b) The annual increases in total public sector interest expenses for the period 2001/02 to 2004/05 inclusive are as follows:
2001/02 2002/03 2003/04 2004/05
$m $m $m $m
Gross interest expense 14.4 25.6 63.5 36.7
Net interest expense -15.9 45.2 27.7 57.7

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