Page 5047 - Week 13 - Thursday, 12 November 2009

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3) Call for construction tender was advertised 17 October 2009. Construction is programmed to commence in January 2010, with completion due in June 2010.

4) No.

5) The current upgrade deals predominantly with the replacement of paving and street furniture behind the kerb. The design has been developed to keep options open for traffic arrangements to Bunda Street in the future.

6) The ACT Government will consider the current review of cycling and pedestrian infrastructure and will implement those projects that are identified as a high priority as part of its cycling and pedestrian infrastructure programs.

7) No. There is no work included in the current refurbishment of the Bunda Street verges that precludes the implementation of the Civic Loop Cycle link proposal.

Superannuation—government investments
(Question No 379)

Ms Le Couteur asked the Treasurer, upon notice, on 15 October 2009:

Can the Treasurer provide a list of current government investments, especially those relating to the ACT Superannuation Fund.

Ms Gallagher: The answer to the member’s question is as follows:

Summary of government investments – by portfolio and asset class as at 30 September 2009

Superannuation Provision Account Investment Portfolio

Asset Class

$’000

Benchmark

Cash Enhanced

312,683

UBSA Bank Bill Index

Australian Fixed Interest ‘index’

168,744

UBSA Composite Bond (all mat)

International Fixed Interest ‘index’

174,088

Barclays Capital Global Treasury Index (hedged)

Australian Equity ‘active’1

366,244

S&P/ASX 300 Accumulation Index

Australian Equity ‘index’

149,304

S&P/ASX 300 Accumulation Index

International Equity ‘active’

231,779

MSCI World ex Australia (unhedged)

International Equity ‘index’2

385,440

MSCI World ex Australia (hedged & unhedged)

Australian Private Equity

116,683

S&P/ASX 300 Accumulation Index

Australian Property – indirect/unlisted

113,462

Mercer Index

TOTAL

2,018,427

1 Includes Australian Equities ‘small caps’ of $51,502, benchmark S&P/ASX Small Ords ex Property Accumulation Index.

2 Includes Emerging markets Equities of $25,030, benchmark MSCI Emerging markets Index (net dividends reinvested).

Territory Banking Account Investment Portfolio

Asset Class

$’000

Benchmark

Cash Enhanced1

1,413,162 2

UBSA Bank Bill Index

Australian Fixed Interest ‘index’

228,040

UBSA Composite Bond (all mat)

TOTAL

1,641,202


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