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Legislative Assembly for the ACT: 2006 Week 1 Hansard (14 February) . . Page.. 42..


MR STANHOPE (continuing):

budgeted, identified, around about $50 million for that funding. We have committed an additional sum of up to $128 million, just as we have in relation to all other projects, including, for instance, the Gungahlin Drive extension. We have identified, we have committed, somewhere in the order of $100 million, which, of course, will be used over the period of the construction.

I do not know what is at the heart of the question but certainly the ACT's cash position is incredibly strong. There is absolutely no question that these projects will not proceed to fruition. As I have said in relation to the Alexander Maconochie Centre, unlike Bruce Stadium the Alexander Maconochie Centre is on time and is on budget and will be delivered without any breaches of the law, which puts it, of course, in stark contrast to the record, the attitude and behaviour of the Liberal Party in relation to government and in relation to the capacity to deliver capital works. Never forget, Bruce Stadium redevelopment started as a $12.7 million project which was going to rely on a major contribution from the private sector to deliver it on target. It is a bit like the convention centre. It was going to be a partnership-a little bit of seed funding from the government of $12.7 million and the rest, of course, was going to be drawn in from the private sector. This was just like the convention centre with the two hotels and the recreation facility-the $600 million Richard Mulcahy approved project.

MR SPEAKER: Order, Chief Minister! Come to the subject matter or conclude your answer.

Mr Stefaniak: For the edification of members and the Chief Minister, I seek leave to table the extract from Hansard of 22 November. I think he has corrected the record in his convoluted answer.

Leave granted.

Mr Stefaniak: I table the following document:

Prison funding-Extract from Hansard, 22 November 2005.

Epicentre

MR SESELJA: My question is to the Minister for Planning. It concerns the auctioning of the Epicentre site, and I have given the minister advance warning about this question. Minister, how much of the $39 million that was bid at auction for the Epicentre site has been paid by the successful bidder to date? When was this amount paid? Did this comply with the terms for payment outlined in the contract of sale?

MR CORBELL: I thank Mr Seselja for the question and also for the advance notice. I can advise him and the Assembly that the site sold for $39 million. Full payment was received on 3 February this year. I am advised that the payment was made in accordance with the conditions of the sale.

MR SESELJA: I ask a supplementary question. Minister, on what day was the amount that was paid on 3 February due?


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