Asks about the status of a review into the Pilbara Environmental Offsets Fund's pricing methodology and payment timing, following up on a 2024 review. Seeks details on progress, methodologies considered, and any changes implemented.

⏳ Awaiting AnswerQoN 1587Legislative Council
Asked
5 May 2026
Portfolio: the Environment

Question

I refer to the Pilbara Environmental Offsets Fund and the Government response to the October 2024 review into its operations, and I ask:(a) Has the Government completed, commenced, or continued any review of the offset pricing methodology applicable to payments into the Fund;(b) If yes to (a):(i) what stages of review have been completed;(ii) what pricing methodologies or alternatives have been considered;(iii) has any revised pricing methodology been approved; and(iv) if yes to (iii), when did it take effect;(c) Has the Government taken any steps to improve certainty regarding the timing of payments into the Fund; and(d) If yes to (c):(i) what steps have been taken;(ii) when were they implemented; and(iii) have they changed the proportion of payments required upfront, or the timing of invoicing or reconciliation? I refer to the Pilbara Environmental Offsets Fund and the Government response to the October 2024 review into its operations, and I ask: (a) Has the Government completed, commenced, or continued any review of the offset pricing methodology applicable to payments into the Fund; (b) If yes to (a): (i) what stages of review have been completed; (ii) what pricing methodologies or alternatives have been considered; (iii) has any revised pricing methodology been approved; and (iv) if yes to (iii), when did it take effect; (c) Has the Government taken any steps to improve certainty regarding the timing of payments into the Fund; and (d) If yes to (c): (i) what steps have been taken; (ii) when were they implemented; and (iii) have they changed the proportion of payments required upfront, or the timing of invoicing or reconciliation?

Answer

This question is awaiting a response from the Minister.

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