Legislative Assembly for the ACT: 2004 Week 1 Hansard (10 February) . . Page.. 33..
MR SMYTH (continuing):
carried out, and to determine how effective the infringement system has been in the last few years that it has been in operation.
Given that not one infringement notice has been issued or been successful, and given that there are some concerns about the effectiveness of the system, it might now be appropriate for the minister to report back on what is happening in WorkCover. We want to know how the government assesses the level of need in WorkCover. I assume that those statistics will be included in the minister's report. The committee was told that the government intends to make some amendments to the Occupational Health and Safety Act. We look forward to those amendments. Perhaps the difficulty lies in the fact that the regulations are not working. As the New South Wales system is fairly effective, perhaps it could be replicated in the ACT without too much difficulty. We will wait to see what the minister intends to do.
I thank all those who appeared before the committee. Ministers and their staff were most obliging and, in most cases, they were quick to respond to questions on notice. I thank committee members for the time and effort that they put into the report. Everyone has been very busy. As other members are also chairs of committees they prepared reports on their portfolios. I thank in particular the secretary of the committee for the sterling work that she did in preparing this report and delivering it on time to meet the needs of the Assembly.
Question resolved in the affirmative.
Sitting suspended from 12.31 to 2.30 pm.
Questions without notice
MR SMYTH: My question is to the Treasurer. Treasurer, in February 2002 Totalcare Industries Ltd announced that it intended to sell its share in the Williamsdale quarry joint venture. The business and the assets of the joint venture were sold by 30 June 2002 to a company called Pioneer Construction Materials.
Treasurer, how much did Totalcare receive for the sale of its interest in the Williamsdale joint venture and was the revenue from this sale appropriate for the value of the business at the time it was sold?
MR QUINLAN: I will have to take that on notice. I do not have the figures at hand. Let me say, if members are getting excited about some of the reports in the media, that the reports are not quite accurate. There is not much salacious to look forward to as a result of the recent reporting. However, I will get the figures on notice, thank you.
MR SMYTH: While the Treasurer is getting that detail, he might like to take this on notice as well: how many parties expressed interest in buying Totalcare's interest in the Williamsdale quarry joint venture and how many parties made firm offers to buy out Totalcare's interest.
MR QUINLAN: I will take that on notice as well.