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Legislative Assembly for the ACT: 1995 Week 03 Hansard (Tuesday, 30 May 1995) . . Page.. 551 ..


MR BERRY: As a supplementary question: Would the Chief Minister mind letting us know when the Government became aware that the Australian Stock Exchange is also negotiating with Queensland?

MRS CARNELL: When Queensland announced.

Australian Stock Exchange

MR WOOD: I also direct a question to the Chief Minister on this Stock Exchange affair that never developed. I do so in the context that this Government is vainly trying to show its business credentials - witness the Kingston-Acton land swap, which has all sorts of difficulties; the privatisation, as it were, of Namadgi; and now this. I ask: In view of all this promotion of business competence that the Chief Minister expresses, what did she do, or what did she not do, which so quickly turned the Stock Exchange away?

MRS CARNELL: I am not sure that the Stock Exchange is turned away. Certainly, as I have said before, we have had discussions with the Australian Stock Exchange. It is coming back with a final offer. That has not arrived yet. We do not have it. Therefore, we could not accept it or reject it. We do not do business that way, interestingly. We do not accept offers that we do not have.

MR WOOD: I have a supplementary question, Mr Speaker. She is talking about a final offer; but why would she expect one? They have shown absolutely no interest. Where did she go astray? What was the first offer, if there is to be a final offer?

MRS CARNELL: Discussions have taken place. There is no offer on the table. Where it was coming from was the Stock Exchange. The reason why I think a final offer will come forward is that the Stock Exchange said, “We will send you one”.

Flynn Primary School

MR MOORE: Mr Speaker, my question, which has nothing to do with the Stock Exchange, is directed to Mr Stefaniak, as Minister for Education. Mr Stefaniak opened the Dickson College gymnasium, which had been damaged and rebuilt by the Labor Government. Indeed, Mr Stefaniak's party had promised the Flynn Primary School that it would - - -

Mr Berry: On a point of order, Mr Speaker: We did not damage it. We only rebuilt it.

MR SPEAKER: Would you like to rephrase that, Mr Moore.

MR MOORE: No, I would not. I withdraw any imputation that Labor was responsible for burning that particular college.


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