A WA parliamentary question seeks details on the Premier's plan for joint-listing of companies on the Australian and Singapore stock exchanges, including consultations and supporting documentation. The Premier's response deflects, stating the government has no formal involvement with the ASX and the comments were merely personal opinion.

AnsweredQoN 7523Legislative Assembly
Asked
21 March 2012
Portfolio
Premier

QuestionView source ↗

I refer to the Premier's announcement of the plan to allow joint-listing of companies on the Australian and Singapore stock exchanges, and I ask:
(a) has the Premier, or representatives of the Premier's office, discussed this plan with the Australian Stock Exchange, and if so, on what date(s) and with whom;
(b) has the Premier, or representatives of the Premier's office, discussed this plan with the Australian Securities and Investment Commission, and if so, on what date(s) and with whom;
(c) has the Premier, or representatives of the Premier's office, discussed this plan with the Australian Government and if so, on what date(s) and with whom;
(d) has the Premier, or representatives of the Premier's office, discussed this plan with the Singapore Stock Exchange, and if so, on what date(s) and with whom;
(e) has the Premier, or representatives of the Premier's office, discussed this plan with the Singapore Government, and if so, on what date(s) and with whom;
(f) which State Government department is the lead agency for implementing the Premier's plan, and which official in this department is the responsible official; and
(g) is there a report or business case to underpin the Premier's plan, and if so, what is the title of the document, and will the Premier table this document?

AnswerView source ↗

Answered
13 June 2012
Response time
84 days
(a)-(g) As the Member would be aware, the Western Australian Government has no involvement with respect to the financial or future matters relating to the Australian Stock Exchange Limited (ASX Ltd.). Any comments surrounding the ASX Ltd. relate to opinion in capacity of Premier which of course is expected, but do not reflect any formal decision by Cabinet or the Government to mandate such a suggested course of action by the Member for Cannington.
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