Page 2959 - Week 10 - Thursday, 15 August 1991

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MINISTER FOR THE ENVIRONMENT, LAND AND PLANNING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 450

Residential Land Servicing

Mr Kaine - asked the minister for the Environment, Land and Planning -

(1) What costs incurred by the government in servicing residential land will be recovered in the price paid by buyers.

(2) Will this include all interest and administrative costs associated with the public debt created by borrowing for this purpose.

Mr Wood - the answer to the Members question is as follows:

(1) All costs within the Land Development "Cost Coding manual" will be recovered. The definitions of the cost inclusions have been in existence since 1986, when the "Cost Coding Manual" was agreed to by the Commonwealth Department of Finance. A copy of the coding manual can be made available..

(2) I have asked my Department to undertake a review of land

development which will consider implementation of a policy of

public sector land development against a range of tests which

will include costs to Government and the likely impact on land

prices. This assessment will be made in consultation with other

Ministers over the next few months.

2959

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