Page 1099 - Week 04 - Thursday, 29 March 1990

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receivership. Until such time as the intentions of the liquidator are established and/or a transfer of the lease achieved, all current plans for redevelopment of the site have been suspended.

Downer Community Association

MR KAINE: I also have the answer to another question from Ms Follett about the Downer Community Association's concerns with the Downer Centre. The two leases for the Downer Community Centre expired on 17 March this year and to accommodate the needs for the previous lessees, arrangements have been put in place so that they can continue their activities by using the current premises for another year.

The lease for the shops expires in December 1990 and is not expected to be renewed. A decision will need to be made on the leasing arrangements and the Office of Industry and Development is assessing the various options which may affect the best use of the land. Included in these considerations is an assessment of the viability of retaining the existing building.

The final decision on the leasing arrangements for this centre will take into consideration the interests of the Canberra community as a whole, as well as the direct interest of the Downer residents. In the context of this information, the Interim Territory Planning Authority is preparing planning parameters for the whole of the Downer Centre. To this end, both the ITPA and the Office of Industry and Development are in continuous consultation with the Downer Community Association and the shopkeepers.

BUDGET STRATEGY STATEMENT
Ministerial Statement and Paper

MR KAINE (Chief Minister), by leave: As I undertook to do when I became Chief Minister, I present the Alliance Government's budget strategy statement - the economic and financial directions for our future.

The Alliance Government, since coming to office in December last year, has focused on examining the needs of the Canberra community. We are still in our first year of self-government. There is much to achieve to bring the ACT to a financial and economic maturity that will compare with that of the long established States. This strategy points the way for us to go.

To solve our financial problems is no small task, perhaps underestimated by some. It is a fact long known to all members of the Assembly that the ACT Government would have to make major financial decisions arising from the


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