❓ Mr. Redman asks the Treasurer about predicted revenue increase from petroleum sales. The Treasurer, Mr. Ripper, states he needs Treasury advice and cannot predict oil prices, but formal advice will be public in December.
AnsweredQoN 489Legislative Assembly
QuestionView source ↗
I ask a supplementary question. What is the Treasurer’s prediction of the net increase in revenue from petroleum sales to the state? Mr E.S. RIPPER
AnswerView source ↗
If the member had given notice of the supplementary question, I would have sought advice from Treasury. It really depends on what we think the average oil price will be during a financial year. I do not have a crystal ball and I do not have the ability to predict precisely what the oil price will be, for example, in April next year. However, formal advice from Treasury will become available to the Parliament and the public. Treasury goes through a formal process of reassessing the revenue and projections during the mid-year review and all that information will be made public in December this year.
Mr E.S. RIPPER replied: If the member had given notice of the supplementary question, I would have sought advice from Treasury. It really depends on what we think the average oil price will be during a financial year. I do not have a crystal ball and I do not have the ability to predict precisely what the oil price will be, for example, in April next year. However, formal advice from Treasury will become available to the Parliament and the public. Treasury goes through a formal process of reassessing the revenue and projections during the mid-year review and all that information will be made public in December this year.
If the member had given notice of the supplementary question, I would have sought advice from Treasury. It really depends on what we think the average oil price will be during a financial year. I do not have a crystal ball and I do not have the ability to predict precisely what the oil price will be, for example, in April next year. However, formal advice from Treasury will become available to the Parliament and the public. Treasury goes through a formal process of reassessing the revenue and projections during the mid-year review and all that information will be made public in December this year.
Mr E.S. RIPPER replied: If the member had given notice of the supplementary question, I would have sought advice from Treasury. It really depends on what we think the average oil price will be during a financial year. I do not have a crystal ball and I do not have the ability to predict precisely what the oil price will be, for example, in April next year. However, formal advice from Treasury will become available to the Parliament and the public. Treasury goes through a formal process of reassessing the revenue and projections during the mid-year review and all that information will be made public in December this year.
If the member had given notice of the supplementary question, I would have sought advice from Treasury. It really depends on what we think the average oil price will be during a financial year. I do not have a crystal ball and I do not have the ability to predict precisely what the oil price will be, for example, in April next year. However, formal advice from Treasury will become available to the Parliament and the public. Treasury goes through a formal process of reassessing the revenue and projections during the mid-year review and all that information will be made public in December this year.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.