❓ Hon Neil Thomson questions the Minister for Ports regarding the effectiveness of the Port Hedland Voluntary Buyback Scheme (PHVBS) given recent property price increases, and requests a review of the valuation methodology. The Minister defends the scheme's purpose.
AnsweredQoN 223Legislative Council
QuestionView source ↗
DUST MANAGEMENT — BUYBACK SCHEME —
PORT HEDLAND
223. Hon NEIL THOMSON to the Leader of the House
representing the Minister for Ports:
I refer to the answer provided to question without notice 165
regarding the Port Hedland voluntary buyback scheme on 26 May 2021.
(1) If agreed market value of the property is fixed at
6 August 2019, plus indexation and a 35 per cent premium , and median
prices for homes have increased in Port Hedland by 42 per cent in the past 12 months,
does the minister agree that the PHVBS is now effectively defunct?
(2) If no to (1), why not?
(3) Will the
minister immediately review the PHVBS to base future valuations on a valuation
that is adjusted to the median price in Port Hedland plus an agreed premium?
(4) If no to (3), why not?
PORT HEDLAND
223. Hon NEIL THOMSON to the Leader of the House
representing the Minister for Ports:
I refer to the answer provided to question without notice 165
regarding the Port Hedland voluntary buyback scheme on 26 May 2021.
(1) If agreed market value of the property is fixed at
6 August 2019, plus indexation and a 35 per cent premium , and median
prices for homes have increased in Port Hedland by 42 per cent in the past 12 months,
does the minister agree that the PHVBS is now effectively defunct?
(2) If no to (1), why not?
(3) Will the
minister immediately review the PHVBS to base future valuations on a valuation
that is adjusted to the median price in Port Hedland plus an agreed premium?
(4) If no to (3), why not?
AnswerView source ↗
I thank the honourable member for some notice of the
question.
(1)–(4) The Port Hedland voluntary buyback scheme
provides a voluntary option for owners of residential dwellings within the area of land between Taplin Street and
the port in the west end of Port Hedland to secure a guaranteed settlement
price following the introduction of the Port Hedland West End Improvement
Scheme No 1.
question.
(1)–(4) The Port Hedland voluntary buyback scheme
provides a voluntary option for owners of residential dwellings within the area of land between Taplin Street and
the port in the west end of Port Hedland to secure a guaranteed settlement
price following the introduction of the Port Hedland West End Improvement
Scheme No 1.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.