❓ Question regarding Verve Energy's projected $50 million loss in 2007-08. The questioner alleges the Minister misled Parliament, citing a $40 million loss in the first half of the year and a forecast of worse results in the second half.
AnsweredQoN 141Legislative Assembly
QuestionView source ↗
VERVE ENERGY — PROJECTED LOSS
I refer the minister to his answer yesterday, that the projected loss in 2007-08 for Verve Energy is approximately $50 million. (1) Is the minister aware that the loss for the first half of the year was $40 million and that the board has advised that the situation is likely to be significantly worse in the second half of the year? (2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN
I refer the minister to his answer yesterday, that the projected loss in 2007-08 for Verve Energy is approximately $50 million. (1) Is the minister aware that the loss for the first half of the year was $40 million and that the board has advised that the situation is likely to be significantly worse in the second half of the year? (2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN
AnswerView source ↗
I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(1) Is the minister aware that the loss for the first half of the year was $40 million and that the board has advised that the situation is likely to be significantly worse in the second half of the year? (2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(1) Is the minister aware that the loss for the first half of the year was $40 million and that the board has advised that the situation is likely to be significantly worse in the second half of the year? (2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(2) Why, therefore, has the minister misled Parliament about the true financial situation of Verve Energy? (3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(3) What is the actual projected loss of Verve in 2007-08? Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN replied: I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
I thank the member for Darling Range for his second question to me this year. Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. Buswell : There are plenty more. Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That is good. (1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
(1)-(3) The question that was asked yesterday was about the approximate loss for Verve for the financial year 2007-08. Those figures were presented by Verve last year in its forward estimates. The figure was $50 million. Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Several members interjected. The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
The SPEAKER : I call the member for Cottesloe to order for the first time. Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That was $50 million as of — Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr C.J. Barnett interjected. The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
The SPEAKER : I call the member for Cottesloe to order for the second time. Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr F.M. LOGAN : That is what I told Parliament yesterday, and that is what I was asked. The question was, what was the approximate estimated loss for Verve for the financial year 2007-08—information that has been presented in this Parliament and reaffirmed as $50 million. Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. Buswell : You’re a moron! Withdrawal of Remark The SPEAKER : I direct the Leader of the Opposition to withdraw that comment. Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
Mr T. BUSWELL : I withdraw that comment Questions without Notice Resumed Mr F.M. LOGAN : If the question that is now being asked by the member for Darling Range is what the estimated figure is for the losses for Verve from now until the end of the year, I will provide that information for him. I presented to Parliament, truthfully and honestly, the information that the member requested yesterday.
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