Page 2892 - Week 09 - Thursday, 26 August 1993
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MINISTER FOR HOUSING AND COMMUNITY SERVICES
LEGISLATIVE ASSEMBLY QUESTION
QUESTION NO. 932
Housing Trust - Rental Bond Defaults
MR CORNWELL - Asked the Minister for Housing and Community Services - Ire relation to your letter to me of 21 June 1993 -
(1) How many rental bonds paid for by the ACT Housing Trust were not repaid to the Trust by the tenants in (a) 1991-92 and (b) 1992-93.
(2) How much did this amount to in each of these years.
(3) What steps are being taken to recover these amounts.
MR CONNOLLY - The answer to the Members question is as follows:
(1) Number of rental bonds not repaid in full by applicants in:
(a) 1991-1992 was 651
(b)1992-1993 was 1054
(2) The value of rental bonds not repaid in:
(a) 1991-1992 was $277,729.00
(b)1992-1993 was $448,240.00
(3) All bond loan recipients are required to sign an agreement to repay the loans. Loans established prior to 30 June 1993 were given a 12 month period before commencement of repayment. From 1 July 1993 this period was reduced to 6 months. Repayments are then made over the next 12 months by instalments.
The ACT Housing Trust has recently sought tenders for a debt collection service to assist in the recovery of outstanding bond amounts.
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