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Legislative Assembly for the ACT: 2005 Week 15 Hansard (15 December) . . Page.. 4991..


(1) What were the outcomes of the review of the current transfer application and policy for public housing tenants;

(2) How does the new policy differ from the previous policy and what benefits will arise for tenants in relation to any new transfer application procedures.

Mr Hargreaves: The answer to the member's question is as follows:

(1) There has been no review of the transfer application policy for public housing tenants.

(2) See above. There are no new transfer application procedures.

Housing ACT-performance levels

(Question No 758)

Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:

What are the levels of improvement or maintenance of levels of performance for Housing ACT in (a) 2003-04, (b) 2004-05 and (c) 2005 to date in relation to (i) return on assets, (ii) return on equity, (iii) the liquidity ratio and (iv) debt to equity ratio.

Mr Hargreaves: The answer to the member's question is as follows:

The ratios requested are set out in the table below

2003-04

Actual

2004-05

Actual

2005-06

Actual

31 October 2005

Profitability

Return on Assets

-0.05%

-0.28%

0.09%

Return on Equity

-0.25%

-0.48%

0.03%

Liquidity

Current Ratio

2.9:1

1.3:1

2.1:1

Financial Stability

Debt Ratio

4.68%

4.42%

4.44%

Return on Assets = (operating results before tax + interest expense) / average total assets

for period

Return on Equity = operating result before tax / equity

Current Ratio = current assets / current liabilities

Debt Ratio = total liabilities / total assets

Housing ACT-financial modelling

(Question No 759)

Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:


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