March 18, 2026
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World News

Mark McGowan issues apology for swearing in parliament when quizzed over Perth Mint scandal

Mark McGowan has been caught on a parliament microphone describing the Perth Mint dilution controversy as a “storm in a f****** teacup”.

The WA government-owned company has admitted it diluted gold it bought to China to economize between 2018 and 2021.

An investigation discovered the Shanghai Gold Alternate had put ahead complaints about two gold bars that didn’t meet its strict specs.

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An inside report into the incident raised issues “as much as 100 tonnes of inventory” price billions of {dollars} might be recalled to Perth to be recast at taxpayers’ expense.

WA’s Premier held ministerial duty for Perth Mint for a lot of that interval, handing the portfolio to mines minister Invoice Johnston in April 2021.

Perth Mint’s gold bullion was despatched again from the Shanghai Inventory Alternate. Credit score: AAP

McGowan previously said he only became aware of the doping practice reports when they aired.

The information garnered worldwide consideration, with the London Bullion Market Affiliation, the world’s high accreditor of gold refiners, reviewing allegations the mint bought “doped” gold.

McGowan’s teacup remark was uttered throughout parliamentary query time, the place he was once more quizzed on the scandal.

It was picked up on a microphone on the Premier’s desk, and he later apologized for making it.

“It has been delivered to my consideration that in query time a personal and confidential remark I made to the deputy premier was picked up by a microphone,” he stated.

“I apologize if anybody was offended by my language.

“I wish to make it clear, what I stated was within the context of the problem being resolved in 2021 and tons of gold being bought to the Shanghai Gold Alternate within the interval since then.”

Mark McGowan held ministerial duty for Perth Mint till 2021. Credit score: AAP

In the meantime, federal treasurer Jim Chalmers stated lately controversy surrounding the mint was “concerning”.

“I’m assured that my state colleagues are taking the matter significantly, as is the federal authorities,” he stated in Perth.

“AUSTRAC has appointed an auditor to evaluate the mint’s compliance with the entire numerous preparations, together with the anti-money laundering preparations.

“That report is because of AUSTRAC quickly and once we get that report we’ll clearly think about it.”

Treasurer Jim Chalmers says the federal authorities is taking the allegations very significantly. Credit score: AAP

It was revealed on Monday that McGowan’s approval score has dropped to 63 %, its lowest degree since earlier than the pandemic.

The premier is ready to turn into the first Australian state leader to travel to China since before the COVID-19 pandemic as tensions thaw between the 2 nations.

He has confirmed his plans to go to Beijing in late April to debate the profitable commerce relationship between the 2 events.

He additionally expects to go to Guangzhou to deal with the resumption of direct flights between Perth and the large port metropolis.

– With AAP

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