Opposition MP Wyatt questions the Treasurer about the need for a third loan bill to authorise $8 billion in borrowings, given previous assurances. The Treasurer deflects, promising details in the upcoming budget.

AnsweredQoN 272Legislative Assembly
Asked
22 April 2015
Portfolio
Treasurer

QuestionView source ↗

STATE FINANCES — LOAN BILL 2015
272. Mr B.S. WYATT to the Treasurer:
I refer to the introduction of the
Barnett governmentXXX ###XXXs third loan bill, this
time to authorise a further $8 billion in borrowings. I note that the loan bill
passed in 2012 was to meet all the general government purposes borrowing
requirements until 30 June 2016. At what level and in what year will net debt
peak?

AnswerView source ↗

We just introduced into the house a
loan bill that seeks to acquire an additional $8 billion for the consolidated
fund.
An opposition member: Say that
again.
Dr
M.D. NAHAN : It is for $8 billion. We will bring down a budget on 14 May that
will highlight our fiscal plan into the future.

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