Legislative Assembly for the ACT: 2003 Week 8 Hansard (21 August) . . Page.. 3109..
(11) No other disputes are pending.
(Question No 802)
Ms Dundas asked the Treasurer, upon notice, on 1 April 2002:
In relation to tenders for naming rights to the Canberra Stadium:
1. How many members of the Stadiums Authority Board of management are also members of the ActewAGL Board?
2. What mechanisms were used to ensure the confidentiality of commercial information about the content of tender documents before the close of tenders for the naming rights?
3. Did any person who was a member of both boards have access to information about the content of tender documents before the close of tenders for the naming rights?
4. Does the Government consider it in the best interest of the Canberra community for the naming rights of Canberra Stadium to be sold?
5. What measures has the Government undertaken to prevent conflicts of interest on Territory Authorities?
6. Does the Government believe it is appropriate for individuals to be members of multiple boards of territory Authorities that may have competing commercial interests?
7. What action will the Government take to remove perceptions of conflicts of interest on Boards of Territory Authorities?
Mr Quinlan: The answer to the member's question is as follows:
1. None. However, Mr Kevin Neil is a director of Actew and alternative director of ActewAGL as well as a director of the Stadiums Authority whereby he can only attend ActewAGL Board meetings in the absence of a specific Actew director who is on the ActewAGL Board.
2. Only Stadiums Authority directors and the Stadiums Authority chief executive are aware of the details of specific naming rights proposals. Naming rights for Canberra Stadium were not put out for tender.
3. As noted in the answer to question 2 above, no tender was issued.
4. Given that the Budget allocation for the Stadiums Authority is reducing from $3 million in 2003-04 to $590,000 in 2004-05 and to zero from 2005-06 onwards, it is important that the Authority explores options to obtain funding from other sources so that it can remain self-sufficient. In such circumstances, the Canberra community may benefit from the sale of the naming rights. However this must traded off against the value of maintaining the identity of the Canberra Stadium.