2012-13 Government Mid-year Financial Projections Statement

Appendix 3Premier and CabinetExpensesANZAC CentenaryAn additional $8 million will be spent over 2012-13 and 2013-14 on the construction ofthe ANZAC Interpretive Centre in Albany and restorative works for Mt Clarence(including works to the Avenue of Honour, Padre White Lookout and the Desert MountedCorps Memorial and carpark surrounds). Of this amount, $2.8 million will be fundedfrom the Royalties for Regions program in 2012-13.State DevelopmentExpensesCessation of Lignor Financial Assistance AgreementExpenditure has been revised down by $6.2 million in 2012-13 due to the LignorFinancial Assistance Agreement not being renewed. Funding for the agreement wasoriginally approved to assist Lignor Ltd to establish a timber processing plant in theMirambeena Timber Precinct, which is no longer proceeding.Macedon Project – Expenditure on Social InfrastructureAn additional $3.8 million will be spent over three years, commencing in 2013-14, toprovide grants to the Shire of Ashburton for the development of social infrastructure inOnslow, including a basketball and netball complex. This will be externally funded bythe joint venture partners for the Macedon project.Ord-East Kimberley Expansion Project – Change in Asset Transfer ExpenseAn $11.1 million reduction in planned operating expenses will occur due to a lowerproportion of Ord-East Kimberley assets being transferred (as non-cash expenses) tonon-government entities and the public sector retaining a greater proportion of the assets.103