Gov­ern­ment con­sid­er­ing op­tions for Landgate


The Advocate (Perth) - - NEWS -

THE State Gov­ern­ment will start a for­mal in­ves­ti­ga­tion of WA’s land in­for­ma­tion au­thor­ity Landgate to see the vi­a­bil­ity of com­mer­cial­is­ing some or all of its op­er­a­tions.

The study, which will be pro­vided to the Gov­ern­ment in mid-2018, will in­clude an anal­y­sis of the value of the Mid­land-based agency and its as­sets and in­vest­ments.

The re­port will be in­formed by ex­pert staff from Landgate and Trea­sury, while ex­ter­nal ad­vice will be sought as the project pro­gresses.

Re­cent com­mer­cial­i­sa­tion un­der­taken in other states around Aus­tralia and in­ter­na­tion­ally will be ex­am­ined as part of the study, with the State Gov­ern­ment en­sur­ing all Landgate staff have their rights and en­ti­tle­ment pro­tected.

Lands Min­is­ter Rita Saf­fi­oti said the re­port would take the broad­est view pos­si­ble of Landgate’s fu­ture.

“Landgate is a com­plex busi­ness – it holds sev­eral in­vest­ments on be­half of the State and pro­vides a num­ber of vi­tal ser­vices to Gov­ern­ment and to the peo­ple of WA, so we will care­fully con­sider the op­tions avail­able to us,” she said.

“The se­cu­rity and in­tegrity of the data that Landgate holds will form a cru­cial part of the eval­u­a­tion as we work through the op­tions.”

Trea­surer Ben Wy­att said the Gov­ern­ment needed to con­sider all op­tions to man­age pres­sures on the State Bud­get.

“It makes sense for us to look at the op­tions we have with Landgate,” he said. “Landgate is a valu­able as­set. “What we need to con­sider is what is the right thing to do in the long-term in­ter­ests of the State.

“There are func­tions that Landgate un­der­takes that are vi­tally im­por­tant to our econ­omy, so we need to take a good look at it, con­sider all op­tions and de­ter­mine the best out­come.

“Which­ever di­rec­tion the Gov­ern­ment ul­ti­mately chooses to take, it will be in the best in­ter­ests of all West Aus­tralians.”

The State Gov­ern­ment is con­sid­er­ing op­tions for Landgate.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.