Mr. Barron-Sullivan asks the Treasurer about the potential increase in state taxation revenue due to higher oil prices. The Treasurer dismisses the question, accusing the member of political manipulation and questioning the validity of hypothetical projections.

AnsweredQoN 256Legislative Assembly
Asked
1 June 2005
Portfolio
Treasurer

QuestionView source ↗

I have a supplementary question. Will the Treasurer confirm that state taxation revenue will be about $180 million higher than budgeted if oil prices remain at $52 a barrel during 2005-06? Mr E.S. RIPPER

AnswerView source ↗

What if the price goes to $100? What will be the revenue result then? Come on, member for Leschenault! Have some respect for proper financial projections and for the proper role of the Department of Treasury and Finance. The member should not seek to have the projections tweaked to suit his political purposes. Several members interjected. Withdrawal of Remark The SPEAKER : I call upon the Deputy Leader of the Opposition to withdraw that comment, and I call him to order for the second time. Mr P.D. OMODEI : I withdraw the comment.
Mr E.S. RIPPER replied: What if the price goes to $100? What will be the revenue result then? Come on, member for Leschenault! Have some respect for proper financial projections and for the proper role of the Department of Treasury and Finance. The member should not seek to have the projections tweaked to suit his political purposes. Several members interjected. Withdrawal of Remark The SPEAKER : I call upon the Deputy Leader of the Opposition to withdraw that comment, and I call him to order for the second time. Mr P.D. OMODEI : I withdraw the comment.
What if the price goes to $100? What will be the revenue result then? Come on, member for Leschenault! Have some respect for proper financial projections and for the proper role of the Department of Treasury and Finance. The member should not seek to have the projections tweaked to suit his political purposes. Several members interjected. Withdrawal of Remark The SPEAKER : I call upon the Deputy Leader of the Opposition to withdraw that comment, and I call him to order for the second time. Mr P.D. OMODEI : I withdraw the comment.
Several members interjected. Withdrawal of Remark The SPEAKER : I call upon the Deputy Leader of the Opposition to withdraw that comment, and I call him to order for the second time. Mr P.D. OMODEI : I withdraw the comment.
Mr P.D. OMODEI : I withdraw the comment.

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