Page 1844 - Week 06 - Thursday, 30 July 2020

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Suburban Land Agency—sales
(Question No 3049)

Mr Parton asked the Minister for Housing and Suburban Development, upon notice, on 19 June 2020:

For sales that the Suburban Land Authority (SLA) settled in the financial years of (a) 2017-18, (b) 2018-19 and (b) 2019-20 to 31 March 2020, made to (i) SLA contracted valuers, (ii) SLA contracted suppliers, (iii) SLA staff, (iv) SLA Board members, could the Minister provide details of (A) property address, (B) settlement date, (C) sales price, (D) list price, (E) any capital valuations obtained related to the pricing of the property, (F) whether a conflict of interest was declared or not and (G) the date of the conflict of interest declaration.

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

In relation to contracted valuers and contracted suppliers, the Suburban Land Agency (SLA) engages a range of suppliers most of whom have no access to information that is not publicly available. It would be onerous for the SLA to get the names of all parties who had worked for SLA contractors in order to confirm they have not bought land. The ACT Government Purchase of Goods Agreement includes provisions requiring that: ‘The Supplier warrants that no conflict of interest exists or is likely to arise in the performance of the Services and its other obligations under this Deed and must, if a conflict or risk of conflict arises, notify the Territory and comply with any requirement of the Territory to eliminate or deal with that conflict or risk’.

Only one SLA staff member purchased land that the SLA settled between 2017-18 and 2019 20. The property address has not been provided for privacy reasons, however the block settled on 12 April 2018. It was sold at auction for $720,000 with an undisclosed reserve of $570,000. Consistent with the SLA’s valuations policy, two independent valuations were obtained for the property. The staff member completed an intent to purchase land declaration on 27 February 2018. The staff member was not involved in the valuation, price setting, sales or marketing processes for the block.

No SLA Board members have purchased land from the SLA.

Suburban Land Agency—sales
(Question No 3050)

Mr Parton asked the Minister for Housing and Suburban Development, upon notice, on 19 June 2020:

Can the Minister provide details for (a) 2017-18, (b) 2018-19 and (c) 2019-20 year to date, for all non-residential sales where the company selling the property for the Suburban Land Authority also provided a valuation to inform pricing and/or auctions reserves on the same property in relation to (i) date of sale, (ii) property address, (iii) property zoning, (iv) name of the company and (v) name of the entity that bought the property.

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


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