Hon Ken Travers questions the Treasurer regarding the necessity of the Loan Bill 2015 for borrowing in the 2014-15 financial year and whether payments are being held pending its passage. The Treasurer confirms the bill is not immediately required and no payments are being held.

AnsweredQoN 662Legislative Council
Asked
16 June 2015
Portfolio
minister representing the Treasurer

QuestionView source ↗

STATE
FINANCES — LOAN BILL 2015
662. Hon KEN TRAVERS to the minister
representing the Treasurer:
I refer to the
Loan Bill 2015.
(1) Does the
government require the passage of the bill this week to enable it to borrow
money in the 2014–15 financial year above the level currently
authorised by previous Loan Bills?
(2) If yes to
(1), how much does the government expect to borrow in the 2014–15
financial year under the authority of the bill?
(3) Are any
payments currently being held pending the passage of the Loan Bill?
(4) If yes to (3), what are the payments?

AnswerView source ↗

I thank the member for some notice
of the question.
(1) No. The
existing Loan Act 2012 authorisation is expected to be sufficient to meet the
2014–15 cash requirements for the consolidated account.
(2) Not applicable.
(3) No.
(4) Not applicable.

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