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Legislative Assembly for the ACT: 2013 Week 6 Hansard (8 May) . . Page.. 1717..


MR BARR: Madam Speaker, the question is largely hypothetical. It is entirely for the Auditor-General, who is the auditor for this organisation, to determine that information.

MR SMYTH: Supplementary, Madam Speaker.

MADAM SPEAKER: Supplementary question, Mr Smyth.

MR SMYTH: Minister, do other government agencies, statutory authorities or directorates exclude financial information from their annual reports, which therefore cannot be audited by the Auditor-General?

MR BARR: I am not sure that the premise of the question is accepted, but directorates provide information in their annual reports according to the guidelines and annual report directions that are issued by the Chief Minister.

MADAM SPEAKER: A supplementary question, Mr Smyth.

MR SMYTH: Treasurer, what will you do to rectify the situation as pointed out by the Auditor-General?

MR BARR: I would anticipate that ACTEW will respond to the Auditor-General's requests.

ACTEW Corporation Ltd—executive remuneration

MR SMYTH: My question is to the Chief Minister as a shareholder in ACTEW. Chief Minister, I refer to the Auditor-General's report into executive remuneration disclosed in ACTEW's financial statements. The Auditor-General's report stated:

In preparing the Annual Report 2011, ACTEW changed its method of disclosing remuneration from a 'cash basis' to an 'accrual basis'.

Chief Minister, why was ACTEW reporting executive remuneration using a cash basis until 2011?

MS GALLAGHER: The government will be responding to the Auditor-General's report as we are required, and the government's position, both on the recommendations and on the content of the report, will be known at that point.

MADAM SPEAKER: Supplementary question, Mr Smyth.

MR SMYTH: Chief Minister, were shareholders advised of bonuses received by the managing director of ACTEW before 2013? If so, why did you not ask questions about the circumstances of these payments? If not, why not?

MS GALLAGHER: Yes, we were aware of bonuses being paid to the managing director and we did ask questions.


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