❓ Dr. Steve Thomas questions the Cook government regarding the $260 million grant to Griffin Coal, focusing on drawdown amounts, dates, purposes, and worker retention bonuses. The Minister provides details on the funds disbursed and clarifies the status of retention bonuses.
AnsweredQoN 25Legislative Assembly
QuestionView source ↗
Griffin Coal—Grant
25. Hon Dr Steve Thomas to the Leader of the House
representing the Minister for State Development:
I refer to the Cook
government's extraordinary $260 million taxpayer-funded bailout of� the
insolvent and foreign-owned Griffin Coal company. As at 7 April 2024:
(1) How much fiscal drawdown of the $260 million
"grant" has been directed to or received by the receivers,
liquidators and managers of the insolvent Griffin Coal?
(2) On what dates did
the drawdowns occur, what were the specific amounts and for what specific
purpose or service rendered?
(3) Have workers at Griffin Coal been offered or
paid a retention bonus of $10,000 or any other figure in the last six months,
and if so, when and what was the amount?
(4) If yes to (3), how much of the funding of the
retention bonuses came from the government's grant to the receivers,
liquidators and managers of Griffin Coal?
25. Hon Dr Steve Thomas to the Leader of the House
representing the Minister for State Development:
I refer to the Cook
government's extraordinary $260 million taxpayer-funded bailout of� the
insolvent and foreign-owned Griffin Coal company. As at 7 April 2024:
(1) How much fiscal drawdown of the $260 million
"grant" has been directed to or received by the receivers,
liquidators and managers of the insolvent Griffin Coal?
(2) On what dates did
the drawdowns occur, what were the specific amounts and for what specific
purpose or service rendered?
(3) Have workers at Griffin Coal been offered or
paid a retention bonus of $10,000 or any other figure in the last six months,
and if so, when and what was the amount?
(4) If yes to (3), how much of the funding of the
retention bonuses came from the government's grant to the receivers,
liquidators and managers of Griffin Coal?
AnswerView source ↗
I thank the
honourable member for some notice of the question. Honourable member, this is
provided on behalf of the Minister for State Development.
(1) As at 8 April 2025, $161.4 million has been
provided to the receivers and managers of Griffin Coal.
(2) Funding is provided for the essential ongoing
operations of the mine to secure the energy system to secure the energy system
security and protect Collie jobs. Since the update provided to the Legislative
Council on 13 November 2024, payments have been made on five occasions. I seek
leave to have the dates and amounts of payments incorporated into Hansard .
Leave granted for
the following material to be incorporated.
Date
Amount
29 November 2024
$10.2 million
17 December 2024
$8.5 million
19 December 2024
$6.5 million
8 January 2025
$4.5 million
14 March 2025
$7.8 million
(3) The receivers and managers for Griffin Coal
have advised the workforce that it is implementing a workforce retention
package that will apply through to 30 June 2026. No retention bonuses have been
paid in the last six months.
(4) Not applicable.
honourable member for some notice of the question. Honourable member, this is
provided on behalf of the Minister for State Development.
(1) As at 8 April 2025, $161.4 million has been
provided to the receivers and managers of Griffin Coal.
(2) Funding is provided for the essential ongoing
operations of the mine to secure the energy system to secure the energy system
security and protect Collie jobs. Since the update provided to the Legislative
Council on 13 November 2024, payments have been made on five occasions. I seek
leave to have the dates and amounts of payments incorporated into Hansard .
Leave granted for
the following material to be incorporated.
Date
Amount
29 November 2024
$10.2 million
17 December 2024
$8.5 million
19 December 2024
$6.5 million
8 January 2025
$4.5 million
14 March 2025
$7.8 million
(3) The receivers and managers for Griffin Coal
have advised the workforce that it is implementing a workforce retention
package that will apply through to 30 June 2026. No retention bonuses have been
paid in the last six months.
(4) Not applicable.
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