Dr. Steve Thomas questions the Minister for Water regarding a significant operating surplus of public non-financial corporations and seeks details on assets transferred to the Water Corporation, including their origin, value, rationale, and authorization. The Minister provides a general response, tabling information on reticulation assets transferred from land developers.

AnsweredQoN 1300Legislative Council
Asked
23 October 2024
Portfolio
Water

QuestionView source ↗

WATER CORPORATION — OPERATING SURPLUS
1300. Hon Dr STEVE THOMAS to the parliamentary secretary
representing the Minister for Water:
I refer to the $1.3 billion
operating surplus of public non-financial corporations, which is $949 million
higher than in the 2024–25 budget.
(1) What assets developed by third parties were
transferred to the Water Corporation during the specified period?
(2) On what dates
were they transferred, from what entities, and what value was apportioned to
each transferred asset?
(3) What was the rationale for the
transfer of each asset, and who authorised each asset transfer?

AnswerView source ↗

I thank the honourable member for
some notice of the question. The following answer has been provided to me by
the Minister for Water.
(1)–(3) The
Water Corporation accepts the transfer of reticulation assets from land
developers mainly through new greenfield subdivision developments. I table the
attached information.
[See paper 3733 .]

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