A parliamentary question seeks clarification on Synergy's reported reduction in operating subsidy from the State Government. The Minister confirms the claim and identifies the calculation's origin, rendering further detail unnecessary.

AnsweredQoN 4599Legislative Assembly
Asked
13 October 2015
Portfolio
Energy

QuestionView source ↗

I refer to page 8 of the Synergy Annual Report 2014-2015 and specifically to the comment by the Chief Exectuive Officer that "Synergy reduced the operating subsidy paid by the State Government by $124.3 million on the previous year", and I ask: (a) do you agree with this claim; (b) how was this figure derived; and (c) what specific components and amounts are included in this calculation?

AnswerView source ↗

Answered
17 November 2015
Responded by
Minister for Energy
Response time
35 days
(a) Yes.
(b) This figure is a calculation undertaken by the Public Utilities Office and approved by the Department of Treasury through the Economic and Expenditure Reform Committee process.
(c) Not applicable.

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