❓ Hon. Ken Travers questions the Minister for Education regarding the financial liabilities associated with the public-private partnership agreement for eight new schools. The Minister requests more time to provide a detailed response.
AnsweredQoN 744Legislative Council
QuestionView source ↗
EDUCATION — SCHOOL CONSTRUCTION —
PUBLIC–PRIVATE PARTNERSHIP AGREEMENT
744. Hon KEN TRAVERS to the Minister for Education:
I refer to the liabilities
associated with the eight new schools being built under the Western Australian
schools public–private partnership agreement.
(1) What are the
total liabilities, in net present value and real dollars, associated with this
partnership over the life of the project?
(2) What will the
total liabilities associated with the construction cost of the schools be once
all schools are completed?
(3) Are the
liabilities associated with this project shown as current or non-current
liabilities in the statement of financial position, and how much is shown in
each category?
(4) Are the
liabilities associated with this project shown as provisions, borrowings or
another category, and how much is shown in each category?
(5) What is the peak debt associated
with this contract?
PUBLIC–PRIVATE PARTNERSHIP AGREEMENT
744. Hon KEN TRAVERS to the Minister for Education:
I refer to the liabilities
associated with the eight new schools being built under the Western Australian
schools public–private partnership agreement.
(1) What are the
total liabilities, in net present value and real dollars, associated with this
partnership over the life of the project?
(2) What will the
total liabilities associated with the construction cost of the schools be once
all schools are completed?
(3) Are the
liabilities associated with this project shown as current or non-current
liabilities in the statement of financial position, and how much is shown in
each category?
(4) Are the
liabilities associated with this project shown as provisions, borrowings or
another category, and how much is shown in each category?
(5) What is the peak debt associated
with this contract?
AnswerView source ↗
I thank the honourable member for
some notice of the question.
(1)–(5) The
requested information cannot be provided in the time available. However, I will
provide a response next Thursday, 25 August 2016.
Hon
Ken Travers interjected.
Hon
PETER COLLIER : Sorry,
that is the wrong Thursday; it is the one after.
Several members interjected.
Hon PETER COLLIER : No, we are not actually; I can assure the
member.
Hon Ken Travers : No other minister has ever left a debt
like you.
Hon PETER COLLIER : I was about to be nice to the member but I
will not be anymore.
Hon Ken Travers : Why, because I am pointing out the truth?
Hon PETER COLLIER : No, not at all.
The PRESIDENT : Order, members! The Leader of the House
must address the answer through me and I promise not to interject.
Hon PETER COLLIER : Thank you, Mr President. If you
could let Hon Ken Travers know
that I will endeavour to get the information to him before Thursday, 25 August
2016.
some notice of the question.
(1)–(5) The
requested information cannot be provided in the time available. However, I will
provide a response next Thursday, 25 August 2016.
Hon
Ken Travers interjected.
Hon
PETER COLLIER : Sorry,
that is the wrong Thursday; it is the one after.
Several members interjected.
Hon PETER COLLIER : No, we are not actually; I can assure the
member.
Hon Ken Travers : No other minister has ever left a debt
like you.
Hon PETER COLLIER : I was about to be nice to the member but I
will not be anymore.
Hon Ken Travers : Why, because I am pointing out the truth?
Hon PETER COLLIER : No, not at all.
The PRESIDENT : Order, members! The Leader of the House
must address the answer through me and I promise not to interject.
Hon PETER COLLIER : Thank you, Mr President. If you
could let Hon Ken Travers know
that I will endeavour to get the information to him before Thursday, 25 August
2016.
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