Page 721 - Week 03 - Tuesday, 12 April 1994

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MINISTER FOR HOUSING AND COMMUNITY SERVICES

LEGISLATIVE ASSEMBLY QUESTION

QUESTION N0.1193

Housing Trust - Rent Arrears

MR. CORNWELL - Asked the Minister for Housing and Community Services -In relation to your reply to Question 115 that in 1991-92 some $2,053,424 was outstanding in ACT Housing Trust current accounts -

(1) How much of this money has now been repaid.

(2) What proportion of the still outstanding debt is (a) 2 to 3 years old; (b) 3 to 5 years old; and (c) more than 5 years old.

MR. CONNOLLY - The answer to the Members question is as follows:

(1) This information is not readily available because it would require a

review of every transaction in every individual account in debt at

that time for the period between 1991-92 and 24 February 1994. The

level of current account arrears at 4 March 1994 was $2,021,467.

(2) On 2 March 1994 the proportion of the current account arrears

which was 2 to 3 years old was 0.12%. There are no current accounts

with arrears older than 3 years.

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