Page 2758 - Week 09 - Thursday, 26 August 1993

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Australian Capital Auctioneers

MRS CARNELL: My question without notice is to the Treasurer. Can the Treasurer inform the Assembly as to the amounts of money lost by the ACT Government in the collapse of Australian Capital Auctioneers? Can she also confirm that the assets registers of various ACT government agencies are completely deficient, despite the recommendations of the Auditor-General, and that the true extent of the loss may never be known?

MS FOLLETT: Madam Speaker, I thank Mrs Carnell for the question. I certainly have noted with concern the recent reports on the company which has gone into liquidation. There is, as members may well know, a review under way at the moment of the Agents Act, and included in that review is the issue of licensing for auctioneers. There will be a discussion paper released shortly on this matter and I will certainly draw it to members' attention at the time. There are matters before the courts dealing with this particular question, and for that reason I think it is probably best if I take the substance of Mrs Carnell's question on notice and, again, provide her with substantive replies as soon as I can.

MRS CARNELL: I ask a supplementary question, Madam Speaker. Is the Treasurer aware that no dividend is expected to be paid from the liquidation of Australian Capital Auctioneers? Taking this into account, will the Treasurer refer the matter to the Auditor-General for investigation? If not, why not?

Mr Connolly: It is a private sector company that went bust. The lesson is that we should use public sector companies, not private sector companies, because they do not go bust.

Mrs Carnell: Yes, with a lot of our stuff, a lot of our money.

MADAM SPEAKER: Order!

Mr De Domenico: And the question was not to you.

Mr Connolly: So you get a free answer - two for the price of one.

MS FOLLETT: Go for your lives. Madam Speaker, given the amount of debate that has already gone on here, I think that I will also take that part of the question on notice and deal with the substance of the question.

Territory Plan

MR LAMONT: My question is directed to the Minister for the Environment, Land and Planning. Minister, what now is the status of the Territory Plan tabled in the Assembly on 16 June?

MR WOOD: It is noteworthy and the question is worth answering. The six sitting days during which a motion of disallowance could have been moved about the plan expired yesterday. So the plan that so many people have worked on, that I have worked on and that members of this Assembly have given so much attention to, has passed through this house. It will be brought into operation on a date yet to be gazetted. Obviously, now, the Planning Authority is


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