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Legislative Assembly for the ACT: 2013 Week 14 Hansard (28 November) . . Page.. 4525..


TAMSD 56,363 3,972 1,241 553 1,043 63,172 89% 6% 2% 1% 2% 100% TD 8,279 1,132 388 163 196 10,158 82% 11% 4% 2% 2% 100% CWD 10,208 1,362 417 218 277 12,482 82% 11% 3% 2% 2% 100% Total 269,966 28,345 11,136 4,645 5,488 319,580 84% 9% 3% 1% 2% 100%

Table 3: Number of Invoices Paid to External Parties during 2012-13

Notes 1:

1. This information has been extracted from the Oracle Financials System by Shared Services based on 35 days from the invoice date. Due to how the 'due date' field is used in the system, this methodology provides the most accurate payment data possible. A parameter of 35 days has been used instead of 30 days to allow for the normal time lag that occurs before a directorate receiving invoices from suppliers.

2. Invoices can remain unpaid past the due date for a variety of valid reasons:

      •     The invoice is being disputed by the directorate with the vendor or further documentation is required;

      •     The invoice received is an invalid tax invoice;

      •     The invoices details are incorrect resulting in the invoice not being received by the correct agency or area within the agency; or

      •     The invoice is issued by the vendor well after the date specified on the invoice.

Housing—land rent scheme (Question No 180)

Mr Smyth asked the Treasurer, upon notice, on 31 October 2013:

(1) How many households were under the Land Rent Scheme at the 4% rate having entered into a lease prior to 1 October 2013.

(2) How many households, having entered into a lease prior to 1 October 2013, are currently accessing the 2% discounted rate.

(3) As a result of the implementation of the Land Rent Amendment Bill 2013, how many households in part (1) would qualify for the new scheme at the 2% rate if they entered into a lease on 1 October 2013 or after.

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

(1) There are 685 land rent property owners, of which 460 are individuals and 225 are identified builders, under the Land Rent Scheme at the 4% rate as 31 October 2013.

(2) There are 417 individuals under the Land Rent Scheme at the 2% rate as 31 October 2013, which had entered into a lease prior to 1 October 2013.


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