❓ The Treasurer assures that the upcoming budget will maintain the state's AAA credit rating despite increased infrastructure spending and borrowing. He also defends the budget's advertising expenditure, comparing it favourably to past governments.
AnsweredQoN 200Legislative Assembly
QuestionView source ↗
STATE BUDGET — STATE’S AAA CREDIT RATING
Will Thursday’s budget allow the state to retain its AAA credit rating? Mr E.S. RIPPER
Will Thursday’s budget allow the state to retain its AAA credit rating? Mr E.S. RIPPER
AnswerView source ↗
Yes, indeed, the budget to be delivered on Thursday will allow the state to retain its AAA credit rating. The budget will feature a significant boost to expenditure in key service areas. It will also feature a big infrastructure program—a very big infrastructure program. I can confirm that all of our surpluses will be devoted to this infrastructure program, but the program is so big that it will be necessary to increase borrowings to fund a portion of that program. However, I can assure the house that all of those borrowings will be absolutely consistent with the retention of the state’s AAA credit rating. That big infrastructure program and those borrowings are what a booming economy requires. I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER replied: Yes, indeed, the budget to be delivered on Thursday will allow the state to retain its AAA credit rating. The budget will feature a significant boost to expenditure in key service areas. It will also feature a big infrastructure program—a very big infrastructure program. I can confirm that all of our surpluses will be devoted to this infrastructure program, but the program is so big that it will be necessary to increase borrowings to fund a portion of that program. However, I can assure the house that all of those borrowings will be absolutely consistent with the retention of the state’s AAA credit rating. That big infrastructure program and those borrowings are what a booming economy requires. I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Yes, indeed, the budget to be delivered on Thursday will allow the state to retain its AAA credit rating. The budget will feature a significant boost to expenditure in key service areas. It will also feature a big infrastructure program—a very big infrastructure program. I can confirm that all of our surpluses will be devoted to this infrastructure program, but the program is so big that it will be necessary to increase borrowings to fund a portion of that program. However, I can assure the house that all of those borrowings will be absolutely consistent with the retention of the state’s AAA credit rating. That big infrastructure program and those borrowings are what a booming economy requires. I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER replied: Yes, indeed, the budget to be delivered on Thursday will allow the state to retain its AAA credit rating. The budget will feature a significant boost to expenditure in key service areas. It will also feature a big infrastructure program—a very big infrastructure program. I can confirm that all of our surpluses will be devoted to this infrastructure program, but the program is so big that it will be necessary to increase borrowings to fund a portion of that program. However, I can assure the house that all of those borrowings will be absolutely consistent with the retention of the state’s AAA credit rating. That big infrastructure program and those borrowings are what a booming economy requires. I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Yes, indeed, the budget to be delivered on Thursday will allow the state to retain its AAA credit rating. The budget will feature a significant boost to expenditure in key service areas. It will also feature a big infrastructure program—a very big infrastructure program. I can confirm that all of our surpluses will be devoted to this infrastructure program, but the program is so big that it will be necessary to increase borrowings to fund a portion of that program. However, I can assure the house that all of those borrowings will be absolutely consistent with the retention of the state’s AAA credit rating. That big infrastructure program and those borrowings are what a booming economy requires. I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
I can also confirm that the government will be advertising to communicate the details of the budget to Western Australians. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
The SPEAKER : Order, members! Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER : I want to give to the house details of our 2008-09 budget media placement expenditure. The advertising will have both television and print components with ads appearing statewide in metropolitan and regional formats. For the record, the total media placement cost for the 2008-09 state budget advertising campaign will be $147 262. By comparison, the Court government spent $184 171 in 1997-98, $168 170 in 1998-99, $214 137 in 1999-2000 and $164 359 in 2000-01. Therefore, eight years later, the Carpenter government is spending less in actual terms on media placement for communicating information about the budget than the Court government spent every year for at least the second term of its office. The Carpenter government will spend $17 000 or 10.4 per cent less on communicating the 2008-09 budget than the coalition’s actual expenditure in its last year in office. There has been some considerable inflation—some considerable increases in the cost of living—since that time. If we adjust the Court government’s budget advertising spend for inflation, it would translate in today’s dollars to $199 488, which is $55 000 or 35.5 per cent more than the Carpenter government is spending this year. However, I make no apology for the fact that we will be advertising some of the key details of the budget. The people of Western Australia are entitled to know how their money is being invested; they are entitled to know how their taxes are raised and what their taxes are devoted to. I want to confirm that all our advertising must pass a rigorous approvals process. Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Several members interjected. The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
The SPEAKER : Order, members! Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
Mr E.S. RIPPER : All our advertising has to meet a public interest test. Our guidelines for advertising are publicly available. Any member of the house can inspect the rules by which we judge whether or not advertising is in the public interest.
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