Mr. Love questions the Treasurer regarding an independent analysis of options to reduce the State's risk related to Gold Corporation, inquiring about the advisor's appointment, report details, and costs. The Treasurer confirms the appointment of Ad Astra, noting the impact of the AUSTRAC review on the timeline.

AnsweredQoN 941Legislative Assembly
Asked
19 October 2023
Portfolio
Treasurer

QuestionView source ↗

I refer to the independent analysis of options to reduce the State's risk in relation to Gold Corporation, as outlined on page 135 of 2023/24 Budget Paper 2 Volume I, and I ask: (a) Has the independent advisor been appointed: (i) If yes, who is it; (ii) If not appointed when will they be appointed; (iii) When are they expected to report; (iv) Will the report be released to the public; (v) Will the report be tabled; (vi) Will the Treasurer advise the Opposition when the report is received; (vii) What is the total cost of the review; and (viii) What are the cost breakdown of the review?

AnswerView source ↗

Answered
28 November 2023
Response time
7 days
(a)        Ad Astra has been appointed as the independent adviser. Finalisation of independent advice is subject to the consideration of the implications of the recently-released Australian Transaction Reports and Analysis Centre (AUSTRAC) Review.

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