Page 3612 - Week 12 - Thursday, 19 September 1991

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MINISTER FOR THE ENVIRONMENT, LAND AND PLANNING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 452

Residential Land Development and Sale

Mr Kaine - asked the Minister for the Environment, Land and Planning

In the calendar period 1975-1987, what were the time-lags, if any, between the development of residential land tracts by the public sector and the sale of those tracts.

Mr Wood - the answer to the Members question is as follows:

Land development in this era was handled by the former National Capital Development Commission (NCDC) and land sales by a different Commonwealth body, the Department of Territories.

In the mid 1970s Canberra was growing at an unprecedented rate and land servicing was stepped up to meet the projected demand made at the time.

With the change of Federal Government in 1975 there was a sudden. policy change which,put a freeze on the expansion of the Commonwealth public service and which effectively froze the growth of Canberra.

This unexpected drop in demand combined with the difficulty of terminating contracts which were partially completed led to a large oversupply of serviced land, particularly in Tuggeranong,

This created a situation in the period when there were considerable delays between the development and sale of services: land. These delays were up to four years in some suburbs including Fadden, Gowrie and Macarthur.

Since Self Government, forecasts of population increases and consequential demand for residential land are provided to the government based on the Australian Bureau of Statistics advises. These forecasts do not differentiate between land being service by either the public or the private sector or a combination of both.

3612

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