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Legislative Assembly for the ACT: 2010 Week 9 Hansard (26 August) . . Page.. 4150..


For those stocks where there is some exposure, investment and divestment decisions are made on the basis of an overall relative risk and return analysis incorporating many factors and considerations including economic, financial and ESG.

Budget—allocations

(Question No 986)

Mrs Dunne asked the Minister for Territory and Municipal Services, upon notice, on 24 June 2010:

(1) In relation to the 2010-11 budget allocation for Parks, Conservation and Lands (PCL), Output 1.4 Land Management, what resources will be allocated to each PCL section or cost centre identified in the budget estimates, see question taken on notice No. 460, of (a) Program Coordination, (b) Parks and Reserves, (c) Bushfire and Forestry Estate, (d) Design and Development, (e) Research and Planning, (f) Tidbinbilla Nature Reserve, (g) Organisational Support and (h) City Places Open Spaces.

(2) What activities are undertaken in each of the sections or cost centres referred to in part (1).

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

(1) The Land Management and Planning Division, to which these sections relate in 2009/10, is currently restructuring. The process of restructuring may impact on the responsibilities of each of these sections. The allocation of resources and responsibilities within the Division is undertaken through a detailed budget allocation process, and is focussed on delivery of programs rather than allocation to particular sections. Final budget allocations will be finalised following the restructure.

(2) The process of restructuring will impact on the responsibilities of each of these sections. Final budget allocations and activities will be finalised following the restructure.

Oaks Estate—heritage study

(Question No 1010)

Ms Le Couteur asked the Minister for Territory and Municipal Services, upon notice, on 1 July 2010 (redirected to the Minister for the Arts and Heritage):

(1) What stage is the Oaks Estate Heritage Study at and is the study publicly available.

(2) How is the study being used by the Government in relation to decisions on new infrastructure for Oaks Estate.

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

(1) Oaks Estate was assessed for its potential heritage values in 2002 by consultants Eric Martin and Associates as part of the Oaks Estate Planning Study, commenced by the former ACT Planning and Land Authority (ACTPLA).


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