Legislative Assembly for the ACT: 2005 Week 11 Hansard (Thursday, 22 September 2005) . . Page.. 3697 ..
Land—releases(Question No 557)
Mrs Burke asked the Minister for Planning, upon notice, on 25 August 2005:
• How is the ACT Government looking for innovative ways for the Land Development Agency (LDA) to release land in an effective and timely manner to maintain some control over the actual cost of land and in effect see a reasonable value on each block of land in new land releases;
• What is the real net return to the ACT Government on each block of land released for sale by the LDA after servicing of the blocks by connecting all the necessary utilities, for example, electricity, water, sewage and gas and running costs of the LDA, are taken into consideration;
• If the Government was to sell a portion of surveyed land to a private developer, what would be the real net return to the ACT Government on each block of land.
Mr Corbell: The answer to the member’s question is as follows:
• The Land Development Agency (LDA) is responsible for the delivery of land to the market in a timely and commercial manner. The land sales program is monitored and reviewed against market conditions to ensure development meets market demand and that commercial returns are optimised.
Depending on the market conditions at the time and specific objectives required for a particular development, land may be released as a LDA estate, in a development arrangement with the private sector or by englobo sale to the market.
• The average real net return for each block of land sold by LDA at Wells Station and Ginninderra Ridge (LDA developments) during 2004-05 was $99,000.
• The average real net return for each block of land sold by LDA to private developers during 2004-05 was $86,000.
Housing—fire safety(Question No 558)
Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 25 August 2005:
• Has any evidence been presented to Housing ACT concerning a rodent infestation in or around any of the properties owned and managed by Housing ACT at Karuah Street, Dickson; if so, what will Housing ACT do to rectify the situation;
• When was the last fire safety inspection carried out at the properties on Karuah Street that are the responsibility of Housing ACT;
• What were the recommendations arising from such a fire safety inspection and were they reported to the Department;