Page 3868 - Week 12 - Thursday, 30 October 2014

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MADAM SPEAKER: A supplementary question, Mr Wall.

MR WALL: Chief Minister, what reduction in yield, and therefore cost recovery, will be caused by variation 306 on blocks where homes are to be demolished?

Members interjecting—

MADAM SPEAKER: No, I do not believe it is hypothetical. Maybe the Chief Minister does not have those figures to hand, but it is not a hypothetical.

MS GALLAGHER: It relates to my previous answer, which is, with the scheme that has now been announced and the loan that is now being provided, there is a whole range of work underway across government to provide the comprehensive advice; indeed, even knowing who is going to participate in the scheme. We do not know that at this point in time. We are going to give people the opportunity—

Mr Hanson interjecting—

MADAM SPEAKER: Order, Mr Hanson!

MS GALLAGHER: We are going to give home owners the opportunity to register their interest up to 30 June 2016—

Members interjecting—

MADAM SPEAKER: Order, members! Mr Corbell, Mr Hanson!

MS GALLAGHER: There is a period of time where, as more information comes from home owners about what their intentions are and we mobilise the advice across government about a range of different pieces of legislation, including from Treasury about the way to minimise the cost on the overall ACT community, those decisions will be taken.

MADAM SPEAKER: A supplementary question, Mr Wall.

MR WALL: Chief Minister, when will the government commence the rezoning of blocks to be available for development following the demolition of Mr Fluffy homes?

MS GALLAGHER: We have not agreed on a specific date. Again, it depends on a whole range of different variables, including how many people want to go from their homes, how quickly they want to go, and how quickly demolition contracts and removal and remediation works can be undertaken. This is a five-year program. There is a period of time now for us to consider all of the issues that the task force will bring to the table. It was only on Monday that we actually got the green light that a concessional loan was going to be provided. An incredible amount of work has been done over the last three days, but I think we all accept in this place that there is now going to be a staged implementation of that scheme, and decisions will be measured, careful and fully informed by all the information available to government.


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