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Legislative Assembly for the ACT: 2005 Week 15 Hansard (Thursday, 15 December 2005) . . Page.. 4991 ..


What were the outcomes of the review of the current transfer application and policy for public housing tenants;

How does the new policy differ from the previous policy and what benefits will arise for tenants in relation to any new transfer application procedures.

Mr Hargreaves: The answer to the member’s question is as follows:

There has been no review of the transfer application policy for public housing tenants.

See above. There are no new transfer application procedures.


Housing ACT—performance levels(Question No 758)

Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:

What are the levels of improvement or maintenance of levels of performance for Housing ACT in (a) 2003-04, (b) 2004-05 and (c) 2005 to date in relation to (i) return on assets, (ii) return on equity, (iii) the liquidity ratio and (iv) debt to equity ratio.

Mr Hargreaves: The answer to the member’s question is as follows:

The ratios requested are set out in the table below

2003-04 Actual

2004-05 Actual

2005-06 Actual

31 October 2005

Profitability

Return on Assets

-0.05%

-0.28%

0.09%

Return on Equity

-0.25%

-0.48%

0.03%

Liquidity

Current Ratio

2.9:1

1.3:1

2.1:1

Financial Stability

Debt Ratio

4.68%

4.42%

4.44%

Return on Assets = (operating results before tax + interest expense) / average total assets for period

Return on Equity = operating result before tax / equity

Current Ratio = current assets / current liabilities

Debt Ratio = total liabilities / total assets


Housing ACT—financial modelling(Question No 759)

Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:


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