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Legislative Assembly for the ACT: 2006 Week 13 Hansard (13 December) . . Page.. 4072..


Mr Mulcahy: I raise a point of order, Mr Speaker. There is a motion before the Assembly in which action is called against Dr Foskey by way of resolution and the minister is now canvassing those matters that are still before the Assembly and have not yet been settled.

MR SPEAKER: Discontinue anticipating debate.

MR CORBELL: Mr Speaker, I think that shows the difficulty with your ruling, but nevertheless the auditor concludes—

Mrs Dunne: I raise a point of order, Mr Speaker.

MR SPEAKER: This is getting a bit out of hand.

Mrs Dunne: No, I'm sorry. The comments coming from Mr Corbell and the Chief Minister are essentially questioning your rulings, and this is inappropriate behaviour by a member of the Assembly.

MR SPEAKER: The chair is not offended by the questions that have been raised.

Mrs Dunne: I'm offended on your behalf.

Members interjecting—

MR SPEAKER: Thank you so much.

MR CORBELL: If only it happened more often, Mr Speaker. Mr Speaker, the auditor went on to say:

... Audit is of the opinion that interested bidders (at least AUSTEXX and the Capital Airport Group)—

that is, Mr Snow's company—

were reasonably informed of the potential use of the land, and that market forces operated to ensure an appropriate financial return to the Territory for the sale of the lease.

The Auditor-General has concluded that the sale achieved an appropriate financial outcome for the territory on the basis of the permissible uses of the site for bulky goods retail, non-retail commercial, restaurant and shop uses. As we know, the Auditor-General commissioned an independent backcast valuation of the site, which examined a number of scenarios for land use, including its use as a direct factory outlet. The Auditor-General's valuer's assessment was that the upper value of the site was $21 million. The amount received from the sale was 86 per cent more than this valuation.

Public service—superannuation

MR MULCAHY: For the benefit of Mr Hargreaves I have a question. This one is to the Treasurer. Treasurer, it was revealed recently that embedded faults in calculating


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