House of Assembly - Fifty-First Parliament, Second Session (51-2)
2008-02-12 Daily Xml

Contents

WORKCOVER CORPORATION

Dr McFETRIDGE (Morphett) (16:40): As a supplementary question, what is the current unfunded liability of WorkCover as at 31 December 2007?

The Hon. M.J. WRIGHT (Lee—Minister for Industrial Relations, Minister for Finance, Minister for Government Enterprises, Minister for Recreation, Sport and Racing) (16:41): I do not think that is a supplementary question. Nonetheless, the most recent actuarial advice that I have received, from memory, is that the unfunded liability is $849 million.