Page 1432 - Week 05 - Thursday, 13 May 1993
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TREASURER'S QUARTERLY FINANCIAL STATEMENT
Paper
MS FOLLETT (Chief Minister and Treasurer) (3.09): Madam Speaker, for the information of members, I present the Treasurer's quarterly financial statement for the period 1 January to 31 March 1993, and I move:
That the Assembly takes note of the paper.
Madam Speaker, the Audit Act 1989 requires the Treasurer to publish a statement of the financial transactions of the Territory public account as soon as practicable after each quarter. The statement is published in a Special Gazette, and I have agreed that it also be tabled in the Assembly.
Madam Speaker, the format of the statement has been expanded to provide details of financial transactions incurred in respect of the cash management and investment activities undertaken within the ACT Treasury within the ACT borrowing and investment trust account. Assembly members should note that the quarterly financial statement represents a statement of financial transactions for the public account as required by the Audit Act 1989. It includes transactions between the public account and separate bank accounts such as health and education; but final expenditures for these bank accounts are not included, as they operate outside of the public account.
Debate (on motion by Mr Kaine) adjourned.
HOUSING DEVELOPMENT - BRADDON
Paper
MR WOOD (Minister for Education and Training, Minister for the Arts and Minister for the Environment, Land and Planning): Madam Speaker, I seek leave to expand on an answer I gave at question time.
Leave granted.
MR WOOD: Mr Moore asked me about an inquiry into section 22. I have more information concerning that. I would point out that the design and siting application for the proposed redevelopment was submitted on 15 January 1993. However, no design and siting approval was granted, as a variation to the existing leases over the site to amalgamate them into one lease has not been completed. This is necessary, of course, before the design and siting process can be finalised. The current design and siting application has now been withdrawn.
This proposal should be viewed, however, as a one-off situation, and it should be noted that under the draft Territory Plan a different mechanism will apply whereby both lease variations and design and siting applications will be subject to notification and third party appeal. An additional requirement is being imposed, to ensure that the applications are combined. This will ensure that interested residents are able clearly to understand the specific implications of the proposal and view the design before commenting. That was a point of some concern. The proponent has advised the ACT Planning Authority that a revised proposal is being investigated which will seek to achieve a further improved relationship between solar orientation and an integrated streetscape. Such a revised proposal will substantially address the solar orientation and design and siting issues that we have all been interested in.
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