A parliamentary question seeks details on Harvey Beef's debt and potential government assistance. The Minister declines to provide specific financial details, stating they are the administrator's purview, and indicates a reluctance to provide taxpayer-funded assistance without a formal proposal and a clear commercial benefit.

AnsweredQoN 397Legislative Assembly
Asked
23 August 2005
Portfolio
Agriculture and Forestry

QuestionView source ↗

I have provided some notice of the question. Given that the Minister for Agriculture and Forestry has met the board of Harvey Beef, I ask - (1) What is the debt level of Harvey Beef? (2) What is the level of debt to - (a) secured creditors; and (b) unsecured creditors? (3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE

AnswerView source ↗

I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(1) What is the debt level of Harvey Beef? (2) What is the level of debt to - (a) secured creditors; and (b) unsecured creditors? (3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(2) What is the level of debt to - (a) secured creditors; and (b) unsecured creditors? (3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(a) secured creditors; and (b) unsecured creditors? (3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(b) unsecured creditors? (3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(3) How much of the debt is secured against - (a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(a) the family of E.G. Green and Sons; and (b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(b) the company, Harvey Beef? (4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(4) Has the government made any commitment to assist, financially or otherwise, the company, Harvey Beef, or any other investor? (5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(5) If yes to (4), will the minister give details of any assistance to be provided to Harvey Beef or any investor; and, if not, why not? (6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(6) If no to (4), under what circumstances would the government provide financial assistance to the Harvey Beef company or any other investor? Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
Mr A.D. McRAE replied: I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
I thank the member for giving the minister some notice of the question. (1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(1)-(3) These are questions that can be addressed only by the administrator. (4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(4) No. (5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(5) Given the answer to question (4), question (5) is not applicable. (6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.
(6) No interested party has made a formal proposal for financial assistance to the government on this matter. In the event that a proposal is received by government, the government will consider it on the basis of its costs and benefits. Our key interest is in achieving a sustainable commercial solution, and the Minister for Agriculture and Forestry has expressed the view that taxpayer-funded assistance to a major industrial company is inconsistent with a sustainable commercial outcome.

Explore WA Government Data

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

Explore more