❓ A WA parliamentary question investigates the State Government's sale of Westrail, specifically regarding a $400 million investment undertaking by Wesfarmers and Genesee-Wyoming and whether the government ensured this investment occurred after the sale.
AnsweredQoN 5094Legislative Council
QuestionView source ↗
I refer to the sale of Westrail to the consortium of Wesfarmers and Genesee-Wyoming by the State Government, and ask -
(1) Was the undertaking given by Wesfarmers and Genesee-Wyoming to spend $400 million on rolling stock and infrastructure in the sale contract?
(2) Was the undertaking official or unofficial?
(3) What protocols and criteria were put in place to ensure the undertaking to spend $400 million was met?
(4) Which agency undertook the audit to ensure the $400 million was spent?
(5) If the undertaking to spend $400 million was not met by the consortium by 2006 when it on sold the above infrastructure and business to Queensland Rail and below ground business and infrastructure to Babcock and Brown, what protocols were put in place by the Government to ensure the balance of the undertaking was spent?
(6) Was the Government a party to the outsourced maintenance agreement between Westnet Rail and John Holland?
(1) Was the undertaking given by Wesfarmers and Genesee-Wyoming to spend $400 million on rolling stock and infrastructure in the sale contract?
(2) Was the undertaking official or unofficial?
(3) What protocols and criteria were put in place to ensure the undertaking to spend $400 million was met?
(4) Which agency undertook the audit to ensure the $400 million was spent?
(5) If the undertaking to spend $400 million was not met by the consortium by 2006 when it on sold the above infrastructure and business to Queensland Rail and below ground business and infrastructure to Babcock and Brown, what protocols were put in place by the Government to ensure the balance of the undertaking was spent?
(6) Was the Government a party to the outsourced maintenance agreement between Westnet Rail and John Holland?
AnswerView source ↗
Answered
5 March 2012
Responded by
Minister for Finance representing the Minister for Transport
Response time
95 days
Insofar as the
Public Transport Authority
is concerned as at 1 December 2011:
(1) No. The undertaking to invest $400 million was never included as a requirement under the sale or lease agreements.
(2) The undertaking was included in an announcement by the previous Transport Minister, the Hon Murray Criddle MLC on Monday 30 October 2000.
(3) No protocols were put in place to ensure the $400 million was spent as it was not a contractual obligation.
(4 - 5) As above.
(6) No
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Public Transport Authority
is concerned as at 1 December 2011:
(1) No. The undertaking to invest $400 million was never included as a requirement under the sale or lease agreements.
(2) The undertaking was included in an announcement by the previous Transport Minister, the Hon Murray Criddle MLC on Monday 30 October 2000.
(3) No protocols were put in place to ensure the $400 million was spent as it was not a contractual obligation.
(4 - 5) As above.
(6) No
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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