Page 589 - Week 04 - Thursday, 29 June 1989

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APPENDIX 1 (incorporated in Hansard on 27 June 1989 - see page 443 )

GPO BOX 1882

CANBERRA ACT 2601

TELEPHONE: 575205

21 June 1989

Mr David Prowse MLA

Speaker

ACT Legislative Assembly

GPO Box 1020

CANBERRA CITY ACT 2601

Dear Mr Prowse

I have obtained a Hansard for the meeting of the Assembly of 1 June 1989 and my attention has been drawn to a speech made by Mr Colliery at which my good name, reputation and character were attacked.

I propose to set out below each of Mr Collierys allegations and comment on each one in turn.

"That Mr Hedleys company, Hammy Pty Ltd, purchased Blocks 2 & 3 Section 43, from two widows in October 1987 and February 1988 respectively."

The two blocks were purchased by Hammy Pty Ltd as trustee of the Medley Family Unit Trust on the open market via L J Hooker Ltd, for $650,000 and $750,000 respectively. The two widows were willing vendors who were concerned to avoid the excessive traffic noise and fumes from Northbourne Avenue. One of the widows was represented during the sale process by her son, an Australian Airlines Captain. The other widow was represented by her daughter, a Sydney businesswoman. The blocks were purchased several years after the final Policy Plan for Section 43 had been approved and after construction had been completed on three out of the nine blocks in that section. The blocks were available for purchase by anybody. I made a full declaration of the purchase and the proposal to develop an office building to the Secretary of the Department at the time. This was consistent with my usual practice of advising the Secretary of any changes to my financial interests.

"The 99 year residential leases had 50 and 60 odd years to run respectively. They were surrendered by Hammi and one commercial lease issued for 99 years. No fee was paid for the extra term that was gained out of that conversions

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