Mrs Roberts questions the Treasurer on the timing of peak state debt. Mr Porter avoids giving a specific year, linking it to infrastructure spending and criticising the previous government.

AnsweredQoN 238Legislative Assembly
Asked
13 April 2011
Portfolio
Treasurer

QuestionView source ↗

STATE DEBT — CONTROL MEASURES
I have a supplementary question. Does the Treasurer simply not know in what year state debt will peak or is he too embarrassed to say when? Mr C.C. PORTER

AnswerView source ↗

I can safely say that state debt will not peak in the year that electricity prices are frozen, because in that year $3.2 billion will be added to state debt. Over two terms of government — Mr W.J. Johnston interjected. The SPEAKER : Member for Cannington, in this place I give members the opportunity to ask questions. If the member wants to make a comment, I suggest he does so by asking a question; I formally call him to order for the first time today. Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.
Mr C.C. PORTER replied: I can safely say that state debt will not peak in the year that electricity prices are frozen, because in that year $3.2 billion will be added to state debt. Over two terms of government — Mr W.J. Johnston interjected. The SPEAKER : Member for Cannington, in this place I give members the opportunity to ask questions. If the member wants to make a comment, I suggest he does so by asking a question; I formally call him to order for the first time today. Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.
I can safely say that state debt will not peak in the year that electricity prices are frozen, because in that year $3.2 billion will be added to state debt. Over two terms of government — Mr W.J. Johnston interjected. The SPEAKER : Member for Cannington, in this place I give members the opportunity to ask questions. If the member wants to make a comment, I suggest he does so by asking a question; I formally call him to order for the first time today. Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.
Mr W.J. Johnston interjected. The SPEAKER : Member for Cannington, in this place I give members the opportunity to ask questions. If the member wants to make a comment, I suggest he does so by asking a question; I formally call him to order for the first time today. Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.
The SPEAKER : Member for Cannington, in this place I give members the opportunity to ask questions. If the member wants to make a comment, I suggest he does so by asking a question; I formally call him to order for the first time today. Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.
Mr C.C. PORTER : State debt will peak at about the time that we have done what the previous government failed to do; that is, build the infrastructure that this state needs. When we have done that and the infrastructure bill winds back, state debt will peak.

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