TAXATION AND RELATED LEGISLATION (MISCELLANEOUS AMENDMENTS) BILL 2020

Legislative Council Wednesday 25 March, 2020 Ms FORREST (Murchison) – Mr President, we do indeed live in unprecedented times at the moment.  I commend the Government for acting promptly to seek to assist businesses in whatever way it can, when effectively, not only is COVID-19 causing chaos for our state and the world, but it […]

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Sustainable Timber Tasmania – Accrued Revenue and Expenses

Legislative Council Wednesday 25 March, 2020 Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT (1) On page 46 of Sustainable Timber Tasmania’s annual report, and also commented on by the Auditor-General on page 78, the ‘re-establishment provision’ relates to the expected costs of forest re-establishment under provisions of the […]

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2019 Annual Report for Hydro Tasmania

Legislative Council Wednesday 25 March, 2020 Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT I refer to the 2019 Annual Report for Hydro Tasmania;1. When generation assets are valued, electricity prices used are either market prices (if available) or prices as forecast by an internal model. a. How does […]

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TasNetwork’s 2018-19 Annual Report

Legislative Council Wednesday 25 March, 2020 Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT 1. With regard to TasNetwork’s 2018-19 Annual Report;a. Page 70 shows a fall in revenue due to the fall in the provision of regulated services, predominantly transmission:i. was this a result of falls in price […]

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REPLY – PREMIER’S ADDRESS

Legislative Council Wednesday 18 March, 2020 Ms FORREST (Murchison) – Mr President, Tasmania and Australia are quite different places now as opposed to when the Premier delivered his address. We are facing, and will continue to face, significant financial pressures in coming months as our health services face enormous pressure to provide care for those […]

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Hydro Tasmania – Provision for Onerous Contracts

Legislative Council Thursday 19 March, 2020 Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT I refer to the 2019 annual report for Hydro Tasmania. Note 16 on page 51 of that report includes an amount of $195.83 million recognised as an additional provision for onerous contracts. What does this […]

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TT-Line – COVID-19 – Financial and Operational Risks

Legislative Council Thursday 19 March, 2020 Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT (1) With regard to the potential impact of COVID-19 on TT-Line, what specific risks, including financial and operational, have been identified by TT-Line? (2) What risk management controls are in place to address and or […]

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