Premier Gallop responds to a question about when he became aware of a potential conflict of interest regarding Alinta shares held by the member for Yokine or his wife, defending the government's transparency and accusing the Leader of the Opposition of a cover-up regarding share dealings.

AnsweredQoN 620Legislative Assembly
Asked
18 October 2005
Portfolio
Premier

QuestionView source ↗

When did the Premier first become aware that the member for Yokine or his wife may have held Alinta shares? Dr G.I. GALLOP

AnswerView source ↗

Let me make three very important points about this issue. First, the member for Yokine resigned his position as a minister in respect of our code of conduct. That was a very important act of principle on his part. I indicate my strong support of the former minister for his integrity and for the fact that he took that course of action. The second point is that it was the member for Yokine who indicated to Parliament, and, indeed, to the cabinet secretary, full details of his shareholdings. Indeed, he was very open and accountable in respect of this issue. Thirdly, I make the point that I have made all along about this issue; that is, it was not until last week that I applied my mind to this issue, seriously considered it and determined whether there was a conflict of interest; and, in discussion with the former minister, I determined that there was a conflict of interest. That matter needed to be dealt with and we dealt with it. This government is open and accountable in respect of all these issues. As I have said, my understanding was that the then Minister for Sport and Recreation had a managed fund. The nature of the shares in that fund were not subject to his control; rather, decisions were being made independently of him. That was the central point, of course, with respect to his requirement not to declare any interests. Of course, as we subsequently learned, he had knowledge about those issues that should have led him to believe that there would be a potential conflict in some situations. However, it was the member for Yokine who declared with respect to that issue. I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
Dr G.I. GALLOP replied: Let me make three very important points about this issue. First, the member for Yokine resigned his position as a minister in respect of our code of conduct. That was a very important act of principle on his part. I indicate my strong support of the former minister for his integrity and for the fact that he took that course of action. The second point is that it was the member for Yokine who indicated to Parliament, and, indeed, to the cabinet secretary, full details of his shareholdings. Indeed, he was very open and accountable in respect of this issue. Thirdly, I make the point that I have made all along about this issue; that is, it was not until last week that I applied my mind to this issue, seriously considered it and determined whether there was a conflict of interest; and, in discussion with the former minister, I determined that there was a conflict of interest. That matter needed to be dealt with and we dealt with it. This government is open and accountable in respect of all these issues. As I have said, my understanding was that the then Minister for Sport and Recreation had a managed fund. The nature of the shares in that fund were not subject to his control; rather, decisions were being made independently of him. That was the central point, of course, with respect to his requirement not to declare any interests. Of course, as we subsequently learned, he had knowledge about those issues that should have led him to believe that there would be a potential conflict in some situations. However, it was the member for Yokine who declared with respect to that issue. I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
Let me make three very important points about this issue. First, the member for Yokine resigned his position as a minister in respect of our code of conduct. That was a very important act of principle on his part. I indicate my strong support of the former minister for his integrity and for the fact that he took that course of action. The second point is that it was the member for Yokine who indicated to Parliament, and, indeed, to the cabinet secretary, full details of his shareholdings. Indeed, he was very open and accountable in respect of this issue. Thirdly, I make the point that I have made all along about this issue; that is, it was not until last week that I applied my mind to this issue, seriously considered it and determined whether there was a conflict of interest; and, in discussion with the former minister, I determined that there was a conflict of interest. That matter needed to be dealt with and we dealt with it. This government is open and accountable in respect of all these issues. As I have said, my understanding was that the then Minister for Sport and Recreation had a managed fund. The nature of the shares in that fund were not subject to his control; rather, decisions were being made independently of him. That was the central point, of course, with respect to his requirement not to declare any interests. Of course, as we subsequently learned, he had knowledge about those issues that should have led him to believe that there would be a potential conflict in some situations. However, it was the member for Yokine who declared with respect to that issue. I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
The second point is that it was the member for Yokine who indicated to Parliament, and, indeed, to the cabinet secretary, full details of his shareholdings. Indeed, he was very open and accountable in respect of this issue. Thirdly, I make the point that I have made all along about this issue; that is, it was not until last week that I applied my mind to this issue, seriously considered it and determined whether there was a conflict of interest; and, in discussion with the former minister, I determined that there was a conflict of interest. That matter needed to be dealt with and we dealt with it. This government is open and accountable in respect of all these issues. As I have said, my understanding was that the then Minister for Sport and Recreation had a managed fund. The nature of the shares in that fund were not subject to his control; rather, decisions were being made independently of him. That was the central point, of course, with respect to his requirement not to declare any interests. Of course, as we subsequently learned, he had knowledge about those issues that should have led him to believe that there would be a potential conflict in some situations. However, it was the member for Yokine who declared with respect to that issue. I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
Thirdly, I make the point that I have made all along about this issue; that is, it was not until last week that I applied my mind to this issue, seriously considered it and determined whether there was a conflict of interest; and, in discussion with the former minister, I determined that there was a conflict of interest. That matter needed to be dealt with and we dealt with it. This government is open and accountable in respect of all these issues. As I have said, my understanding was that the then Minister for Sport and Recreation had a managed fund. The nature of the shares in that fund were not subject to his control; rather, decisions were being made independently of him. That was the central point, of course, with respect to his requirement not to declare any interests. Of course, as we subsequently learned, he had knowledge about those issues that should have led him to believe that there would be a potential conflict in some situations. However, it was the member for Yokine who declared with respect to that issue. I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
I am very interested in the concept of a cover-up that is being referred to by the Leader of the Opposition; indeed, it fascinates me. It is a funny “cover-up” when the government and its members declare all their interests. Let us look at the Leader of the Opposition’s annual return to this Parliament, which is required under the law of Western Australia, and we might start to see what the word “cover-up” means. In his return last year, the Leader of the Opposition indicated that he had received income from Gold City Corp Pty Ltd. I will remind the Leader of the Opposition about the law. Section 7(1) of the Members of Parliament (Financial Interests) Act 1992 states - A Member shall disclose - . . . (b) in an annual return, each source of income received by the Member at any time during a return period. Section 14 states in part - (2) A Member shall disclose in an annual return particulars of each disposition of a property to a person or any other person under arrangements made by the Member, being a disposition made at any time during the return period, whereby the Member obtained, either wholly or in part, the use and benefit of the property. (3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company; What does last year’s return from the Leader of the Opposition state? Under the heading “discretionary disclosures” it states that the Leader of the Opposition bought and sold various shares, mainly mining, through investment company Gold City Corp. What does this year’s return state? Under the heading “discretionary disclosures” it reads that he has some share ownership in a mining company. The Leader of the Opposition has gone to the people of the Western Australia and criticised my government, which has set standards for its conduct and has indicated its share ownings to the people; yet, he has covered up his share dealings. On behalf of the people of Western Australia, I advise the Leader of the Opposition that he must declare to the people of Western Australia what his share transactions have been over recent years, otherwise he is not meeting his requirements under the legislation of this state.
. . . (b) in an annual return, each source of income received by the Member at any time during a return period.
(b) in an annual return, each source of income received by the Member at any time during a return period.
(3) In this section “disposition of property” means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes - (a) the allotment of shares in a company;

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