❓ The question asks how the government will fund a $267.1 million shortfall in Metronet funding after abandoning value capture. The answer states that increased Commonwealth funding has reduced the need for value capture.
AnsweredQoN 5387Legislative Assembly
QuestionView source ↗
I refer to the Minister’s announcement on 4 July 2019 that the McGowan Government would not be proceeding with a value capture model for Metronet, and I ask: (a) How will the McGowan Government fund the $267.1 million windfall, as stated in WA Labor’s Metronet policy released during the 2017 March election, given value capture is no longer proceeding?
AnswerView source ↗
Answered
18 September 2019
Responded by
Minister for Transport
Response time
9 days
(a) As stated in the media statement dated 4 July 2019, the need for value capture as a funding source has reduced as the McGowan Government has successfully secured additional Commonwealth funding than planned.
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