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Parliamentary Questions


Question Without Notice No. 415 asked in the Legislative Council on 4 August 2021 by Hon Dr Steve Thomas

Parliament: 41 Session: 1

PORT HEDLAND VOLUNTARY BUYBACK SCHEME

415. Hon Dr STEVE THOMAS to the Leader of the House representing the Minister for Ports:

I refer to the Port Hedland voluntary buyback scheme. As at 31 July 2021 —

(1) what is the totality of funding the state government has either allocated or received to the industry funded PHVBS;

(2) what, if any, financial contribution has the state made;

(3) how many properties are eligible for inclusion in the PHVBS; and, of those, how many properties have expressed an interest in participating in the scheme; and

(4) how many properties have accepted offers under the PHVBS, and to what value?

Hon SUE ELLERY replied:

I thank the honourable member for some notice of the question.

(1) The total value of Port Hedland voluntary buyback scheme contributions received to 30 June 2021 is $22 980 million.

(2) The Port Hedland voluntary buyback scheme is to be fully funded by industry.

(3) Approximately 426 residential properties are eligible to participate in the PHVBS. Of these, 70 per cent of eligible properties are engaged in the process.

(4) In total, 45 eligible properties have accepted offers and progressed to contract.