Hon Ken Travers asks about the estimated revenue loss to the State from the Fremantle Port lease, the discount rate used in calculations, and the pricing policies considered. The Treasurer's answer indicates that calculations are still underway and dependent on policy decisions.

AnsweredQoN 4085Legislative Council
Asked
7 April 2016
Portfolio
Treasurer

QuestionView source ↗

I refer to the proposed sale of Fremantle Port, and I ask: (a) what is the estimated loss of revenue to the State over the life of the proposed lease; (b) what discount rate was used to calculate this figure; and (c) what pricing policies for the port were used to calculate this figure?

AnswerView source ↗

Answered
22 June 2016
Responded by
Attorney General representing the Treasurer
Response time
76 days
(a) Work is ongoing regarding the loss of future revenue to the State over the term of the lease; the Department of Treasury will complete this work ahead of the receipt of indicative bids for the proposed sale. This work is also subject to confirmation of key Government policy decisions relating to the proposed divestment package.
(b) Not applicable.
(c) Not applicable.

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