Page 2871 - Week 10 - Tuesday, 13 September 1994

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MINISTER FOR HOUSING AND COMMUNITY SERVICES

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NUMBER 1383

Rental Bonds - Interest

MR CORNWELL - Asked the Minister for Housing and Community Services, in relation to the Office of Rental Bonds:

1. How much interest was earned in 1993-94.

2. How much interest was allocated to various activities by name and amount from this 1993-94 profit.

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

1. $627,796.

2. Office of Rental Bonds operating costs: $625,880; Tenants Advice Service: $128,230.

The allocation also drew upon interest income from the previous year. Full details on the interest earned on bonds lodged with the Office of Rental Bonds are provided in the Annual Management Report.

2871

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