Mr. Love questions the Premier's stance on Gold Corporation failures, referencing the Federal Treasurer's concerns. The Premier defends the government's actions and criticises the previous Liberal-National government's inaction.

AnsweredQoN 118Legislative Assembly
Asked
15 March 2023
Portfolio
Premier

QuestionView source ↗

GOLD CORPORATION — FEDERAL TREASURER'S
COMMENTS
118. Mr R.S. LOVE to the Premier:
I refer to revelations of
government's failures at Gold Corporation. Does the Premier share in
the concerns of his federal colleague Dr Jim Chalmers, who said these exposed
failures are incredibly concerning and very troubling or does he stand by his
comments that they are simply a ''storm in a teacup''?

AnswerView source ↗

As
I understand it, the federal Treasurer was commenting on the matters relating
to the Australian Transaction Reports and Analysis Centre inquiries, and
that relates to some of the processes and systems in place for reporting of transactions in relation to gold. Obviously, we
shared in the concerns in relation to that, which is why we are investing $34 million to improve the systems and provide more personnel inside the Gold
Corporation to deal with those issues. Those issues have been around for many
years, including for the entire term of the last Liberal–National
government during which nothing was done. When it was brought to our attention,
we ensured that action was taken because it was reported to us. For eight and a
half years, the former government did nothing about that. The entire time, that
issue existed.
In
relation to the matters surrounding alloying of gold, which is what I was
referring to in a private comment yesterday, the issue was brought to
attention in 2021, 18 months or so ago, and action was taken to rectify the
situation.

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