Legislative Assembly for the ACT: 2018 Week 7 Hansard (2 August) . . Page.. 2630 ..
block of land at the centre of the former Land Development Agency's Fairvale land deal has increased in value by 60 per cent in two years. Why did the LDA agree to the subdivision of Fairvale, given that acquiring the remaining part of the property will be more expensive in future?
MS BERRY: I understand that this is the subject of an Auditor-General's report and the government will provide a response in due course.
MISS C BURCH: Did the LDA agree to the subdivision of Fairvale so it would avoid the $5 million trigger that would require a business case to be prepared?
MS BERRY: As I said in my first response, this particular piece of land was the subject of an Auditor-General's report. The government will respond to the report in due course. I understand that there is significant interest in a response from the government to this report and I have asked for the directorate's and government's response to be provided as soon as possible but certainly within the time frame required.
MR COE: Minister, have you commissioned an internal investigation into this subdivision, and will you table the documents related to the subdivision of Fairvale in the Assembly by tomorrow afternoon?
MS BERRY: I responded to a question yesterday regarding this particular issue. I said that I had asked for some advice on this particular piece of land. That could be legal advice, and, if it can be tabled, I will table it. Otherwise I will provide the advice that I can to the Assembly about the question, as I responded to the question yesterday.
Public housing—renewal program
MS CODY: My question is to the minister for housing and suburban land development. Can the minister update the Assembly on the renewal of public housing across Canberra?
MS BERRY: I thank Ms Cody for her question. We are on the homestretch of the public housing renewal program. As everyone in the chamber is aware, this has been an incredible investment in the ACT's public housing, with over 11 per cent of the stock renewed over the life of the program. There is a budget investment of $608 million over this time to renew and replace, roof-for-roof, 1,288 public housing properties.
There have been 815 dwellings completed and handed over for public housing tenants to date. Currently 419 dwellings are under construction or being purchased for the renewal. An amount of $345.61 million has been spent so far on the construction and purchase of replacement dwellings. In addition, Housing ACT has continued their capital program, which spent over $26 million renewing public housing last financial year.
The renewal of public housing is bringing benefits to public housing tenants and changing the lives of people in their new homes. There have been a number of