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Legislative Assembly for the ACT: 2013 Week 4 Hansard (21 March) . . Page.. 1241..

MR BARR: I have indicated that I have concerns in relation to the process of notifying the shareholders, the Chief Minister and me, of this particular error. In relation to ICRC matters, that is I think an important debate that needs to be had, recognising that there will be a variety of views in the community in relation to the issues that the ICRC have raised. The government will be making a submission in due course in relation to those matters. I think we have extensively covered the issue of the dam. I do not think it is fair and reasonable to hold Mr Sullivan accountable for the floods that occurred a year ago.

MADAM ACTING SPEAKER: A supplementary, Mr Gentleman.

MR GENTLEMAN: Minister, can you tell us how important it is to have a separate body like ICRC to determine prices?

Mr Smyth: On a point of order, is that relevant to the main question? My question is about ACTEW and its management, not about the ICRC and its importance to independence.

MADAM ACTING SPEAKER: I believe it was raised in the supplementary.

Mr Hanson: On the point of order, the price of water was not raised as part of the answer. This is specifically about the salary of the managing director. It is not about prices set by the ICRC.

MADAM ACTING SPEAKER: Mr Hanson, the ICRC was mentioned. Treasurer.

MR BARR: Thank you, Madam Acting Speaker. I thank Mr Gentleman for the question. It is an important principle that we do have an independent regulator. We have certainly seen the independence of the regulator in relation to the draft determination that has been made. That certainly demonstrates that there is a robust scrutiny process applied to ACTEW's operational and capital expenditure proposals, also its governance arrangements.

The ICRC have raised a number of issues. I think it is important that we consider those on their merits. I do not think it is necessary to be drawing parallels with particular incidents. I think we need to look at the issues that the ICRC have raised, on their merits, and I certainly look forward to engaging in that process over the coming weeks and months.

ACTEW Corporation Ltd—managing director

MR SMYTH: My question is to the Treasurer. Yesterday, in response to a question you said:

The more recent position and advice to government in relation to the managing director's salary is, I believe, above those benchmarks from 2010-11, and so is the subject of some concern from the shareholders.

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