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Parliamentary Questions


Question Without Notice No. 1055 asked in the Legislative Council on 26 October 2022 by Hon Dr Steve Thomas

Parliament: 41 Session: 1

FINANCIAL MANAGEMENT ACT — SPECIAL PURPOSE ACCOUNTS

1055. Hon Dr STEVE THOMAS to the minister representing the Treasurer:

I refer to the proliferation of special purpose accounts under the McGowan Labor government and to the answer to question without notice 704 asked on 18 August 2022. What are the current balances of the 30 Treasurer's special purpose accounts identified in the answer to question without notice 704?

Hon STEPHEN DAWSON replied:

I thank the Leader of the Opposition for some notice of the question. The answer has been provided in tabular form. It lists the Treasurer's special purpose account names and balances and is quite a long list. I therefore seek leave to have the response incorporated into Hansard.

[Leave granted for the following material to be incorporated.]

 

Treasurer's Special Purpose Account (TSPAs)

Balance as at 26 October 2022 ($m)

Accrued Salaries

301

Bankwest Pension Trust

1

Commonwealth Payments for Specific Purposes Account

36

Holding Account*

17,566

Independent Schools - Recurrent Grants Schools Assistance Acts**

Closed

Independent Schools - General Building Grants**

Closed

Jervoise Bay Infrastructure Development Trust Account

11

Local Authorities Tax Sharing Entitlements Account**

Closed

Mortgage Moneys Under the Transfer of Land Act 1893

0

Non-Government Schools - Other Recurrent Grants**

Closed

Perry Lakes Maintenance Account

4

Perth Children's Hospital Account***

Closed

The New Perth Stadium Account

23

Public Bank Account Interest Earned Account

101

Royalties For Regions Fund

873

Statutory Authorities Investment Account

1

Tariff Equalisation Fund

0

Western Australian Future Health Research and Innovation Fund

1,646

Debt Reduction Account

0

National Redress Scheme and Civil Litigation for Survivors Of Institutional Child Sexual Abuse Account

17

Noongar Land Fund

3

WA Government Strategic Alliance Fund

2

Receipts In Suspense/Clearing Account

6

Temporary Access Contribution Account

0

Women And Newborn Health Service Relocation Account

1,787

Digital Capability Fund

798

Social Housing Investment Fund

750

Softwood Plantation Expansion Account

349

Climate Action Fund

667

Remote Communities Fund

350

* Non-cash holding account balances for accumulated depreciation and accrued leave entitlements.

** Funds held in the closed TSPAs are now part of the Commonwealth Payments for Specific Purposes Account.

*** Closed under delegated authority from the Treasurer under section 21 (I) of the Financial Management Act 2006.