❓ Mr. Love questions the Minister for Mines and Petroleum regarding the Gold Corporation review's timeline and public release. The Minister clarifies the timeline, denies promising a December 2022 completion, and states the review itself won't be public but the outcomes will be.
AnsweredQoN 163Legislative Assembly
QuestionView source ↗
GOLD CORPORATION — REVIEW
163. Mr R.S. LOVE to the Minister for Mines and Petroleum:
I refer to the minister's
announcement in September 2022 that a root-and-branch review was to be
conducted into Gold Corporation with a reporting
deadline of December 2022, and note his comments today suggesting that a review was ongoing.
(1) Is the
strategic review the minister referred to today the root-and-branch review of
September 2022; and, if so, why was it not completed as per the time line
promised?
(2) When will it
be completed?
(3) Will the
minister table it in full?
163. Mr R.S. LOVE to the Minister for Mines and Petroleum:
I refer to the minister's
announcement in September 2022 that a root-and-branch review was to be
conducted into Gold Corporation with a reporting
deadline of December 2022, and note his comments today suggesting that a review was ongoing.
(1) Is the
strategic review the minister referred to today the root-and-branch review of
September 2022; and, if so, why was it not completed as per the time line
promised?
(2) When will it
be completed?
(3) Will the
minister table it in full?
AnswerView source ↗
(1)–(3) I
remember announcing that it was happening in estimates, when I think we talked
about it. I do not remember saying it would
be completed by Christmas. I am pretty sure I said December 2023. If I misspoke
last year, I correct the record; it is December 2023. The review will not be
made public—I have already said that—but the outcome of the
review will be made public.
Of
course, the review canvasses a whole range of issues of commercial sensitivity.
People forget that there is a private sector competitor to the Perth Mint, and
indeed many of the executives who left the Perth Mint when we shut down
the bonus scheme, which they used to get handsomely rewarded from, to bring
them in line with every other public sector employee in Western Australia, went
over to our competitor. We do not want our competitor to understand our
internal decision process about the insides of the sausage, if you like, but the community will see the outcomes
of the review. That will be made public. The government will continue on in the transparent manner that we
are doing, in that we are keeping the community informed and engaging
with it. Unlike in the past when none of these issues came to the public's
attention, we are making sure that we are
not continuing down the pathway from the time the member for Central Wheatbelt was around the cabinet table. We are taking a new approach to this and being
open and transparent.
remember announcing that it was happening in estimates, when I think we talked
about it. I do not remember saying it would
be completed by Christmas. I am pretty sure I said December 2023. If I misspoke
last year, I correct the record; it is December 2023. The review will not be
made public—I have already said that—but the outcome of the
review will be made public.
Of
course, the review canvasses a whole range of issues of commercial sensitivity.
People forget that there is a private sector competitor to the Perth Mint, and
indeed many of the executives who left the Perth Mint when we shut down
the bonus scheme, which they used to get handsomely rewarded from, to bring
them in line with every other public sector employee in Western Australia, went
over to our competitor. We do not want our competitor to understand our
internal decision process about the insides of the sausage, if you like, but the community will see the outcomes
of the review. That will be made public. The government will continue on in the transparent manner that we
are doing, in that we are keeping the community informed and engaging
with it. Unlike in the past when none of these issues came to the public's
attention, we are making sure that we are
not continuing down the pathway from the time the member for Central Wheatbelt was around the cabinet table. We are taking a new approach to this and being
open and transparent.
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