❓ Dr. Steve Thomas questions the Minister regarding additional taxpayer money provided to the receivers and managers of the insolvent Griffin Coal, revealing a significant increase beyond the initial $19.5 million grant. The Minister confirms a total of $23.2 million has been provided.
AnsweredQoN 882Legislative Council
Asked
17 August 2023
Member
Portfolio
State and Industry Development, Jobs and Trade
QuestionView source ↗
GRIFFIN COAL — LIQUIDATOR
882. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
This
question was asked a week ago, so it should still be relevant. I refer to my
questions without notice 584, 665 and 686 of June 2023 that revealed the
staggering 20 per cent blowout in liquidator grants in addition to the
unprecedented $19.5 million grant to the receivers and managers of the
insolvent Griffin Coal.
(1) As at 8
August 2023, what additional taxpayer money in excess of the original $19.5
million grant have been provided to the receiver and managers of the insolvent
Griffin Coal?
(2) On what dates
did the drawdowns occur, what were the specific amounts, and for what purpose
and to what entities, individuals, businesses or contractors were the payments
made?
(3) In the last
10 months and as at 8 August 2023, how many financial assistance agreements
have been executed between the state and Griffin Coal, and what are the
financial values and variations of the additional FAAs and on what dates were
they executed?
(4) What is the total amount of payments the
government has paid to the receivers and managers of Griffin Coal?
882. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
This
question was asked a week ago, so it should still be relevant. I refer to my
questions without notice 584, 665 and 686 of June 2023 that revealed the
staggering 20 per cent blowout in liquidator grants in addition to the
unprecedented $19.5 million grant to the receivers and managers of the
insolvent Griffin Coal.
(1) As at 8
August 2023, what additional taxpayer money in excess of the original $19.5
million grant have been provided to the receiver and managers of the insolvent
Griffin Coal?
(2) On what dates
did the drawdowns occur, what were the specific amounts, and for what purpose
and to what entities, individuals, businesses or contractors were the payments
made?
(3) In the last
10 months and as at 8 August 2023, how many financial assistance agreements
have been executed between the state and Griffin Coal, and what are the
financial values and variations of the additional FAAs and on what dates were
they executed?
(4) What is the total amount of payments the
government has paid to the receivers and managers of Griffin Coal?
AnswerView source ↗
I thank the Leader of the Opposition
for some notice of the question. This answer is current as at 8 August 2023.
(1)–(2) Consistent
with the answer to Legislative Council question without notice 584 asked on 13 June
2023, the government has provided a total of $23.2 million to the receivers and
managers of Griffin Coal. This is comprised of $7.3 million in March 2023, $9.7
million in May 2023 and $6.2 million in June 2023 in order to support continued
mining operations.
(3) Two financial assistance agreements have been
executed between the state and the receivers and managers of Griffin
Coal. They were executed on 11 January 2023 and 19 May 2023 respectively.
(4) The payments totalled $23.2
million.
for some notice of the question. This answer is current as at 8 August 2023.
(1)–(2) Consistent
with the answer to Legislative Council question without notice 584 asked on 13 June
2023, the government has provided a total of $23.2 million to the receivers and
managers of Griffin Coal. This is comprised of $7.3 million in March 2023, $9.7
million in May 2023 and $6.2 million in June 2023 in order to support continued
mining operations.
(3) Two financial assistance agreements have been
executed between the state and the receivers and managers of Griffin
Coal. They were executed on 11 January 2023 and 19 May 2023 respectively.
(4) The payments totalled $23.2
million.
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