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House of Assembly - Fifty-First Parliament, Third Session (51-3)
2009-09-23 Daily Xml
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MAGILL TRAINING CENTRE

Mrs REDMOND (Heysen—Leader of the Opposition) (14:22): My question is again the Premier. What effect will today's announcement regarding Magill and Cavan have on the state's AAA credit rating, and has the Treasurer been informed of the proposal?

The Hon. M.D. RANN (Ramsay—Premier, Minister for Economic Development, Minister for Social Inclusion, Minister for the Arts, Minister for Sustainability and Climate Change) (14:22): It took this government to win a AAA credit rating; it took this government to deliver surplus after surplus until this government, like every government in the western world—

Members interjecting:

The DEPUTY SPEAKER: Order!

The Hon. M.D. RANN: —and other parts of the planet, was hit by the global financial crisis. But we were still able to retain our AAA credit rating, and this will not make any difference, because we have funded it through land sales. I will explain this; it is actually quite simple.

An honourable member interjecting:

The Hon. M.D. RANN: That is right. There is $5 million in the budget and then there is the sale of land at Oakden and the sale of where Magill currently sits. So, have I had discussions with the Treasurer? Yes. Did I have discussions in the last 24 hours? Yes. Were there meetings last week with the Treasurer? Yes. Were there meetings the week before? Yes. Were there meetings the week before that? Yes. Were there meetings the week before that again? Yes. Has this been done properly? Yes. Is this the right thing to do? Absolutely.

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