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Legislative Assembly for the ACT: 1996 Week 12 Hansard (21 November) . . Page.. 4116 ..

MR DE DOMENICO (Minister for Urban Services) (2.07 am): Mr Speaker, the $55m, as Mrs Carnell quite rightly says, comes back to us, and guess what we will spend it on? Health, education, cutting grass - all those sorts of things that members opposite would not agree to. That is the point. I repeat, for Mr Whitecross's edification, that the reality for ACTION is an improvement in the operating result after doing the sale and lease-back. In 1995-96 ACTION lost $1.661m. In 1996-97 the operating result is a surplus of $784,000, Mr Whitecross.

Mr Whitecross: And the costs do not come in until 1997-98.

MR DE DOMENICO: Read and jig the figures as you wish, the facts of the matter are that that is what the result will be.

Mr Whitecross: You just misled the Assembly.

MR DE DOMENICO: Mr Speaker, please ask him to withdraw that or move a motion right now.

MR SPEAKER: Withdraw it, Mr Whitecross.

Mr Whitecross: Mr Speaker, he has misled the Assembly.

MR SPEAKER: Withdraw it, Mr Whitecross.

Mr Whitecross: I will withdraw it, but the facts speak for themselves. The costs do not come in until 1997-98, and he should know it. He is the Minister.

MR SPEAKER: Sit down.

MR DE DOMENICO: Thank you, Mr Speaker. I have finished.

Proposed expenditure agreed to.

Proposed expenditure - Planning and Land Management, $39,566,000 - agreed to.

Part 10 - InTACT

Part agreed to.

Part 11 - ACT Housing

Proposed expenditure - ACT Housing, $31,562,000

MS REILLY (2.09 am): Housing has an interesting budget. First of all, I just cannot resist mentioning the Condamine Court redevelopment.

Mrs Carnell: Isn't it good?

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