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Legislative Assembly for the ACT: 2002 Week 7 Hansard (6 June) . . Page.. 2133 ..

(a) financial results and position at the end of October 2001;

(b) the most likely full year financial results and position for 2001-02;

(c) coverage in the forward estimates of known, and probable, significant events likely to impact the Budget eg nurses wages increase and SACS award flow on.

� The Terms of Reference for Stage 2 include:

1. Provide an opinion on the state of a number of government enterprises, namely:

(a) ACT Forests: changing industry circumstances and the viability of forestry operations in the ACT, the opportunity costs associated with such operations, and risks associated with the long term contracts with NSW State Forests and the local industry;

(b) ACTION Authority: an assessment of operational and financial performance, efficient costs, additional costs associated with government ownership, a broad identification of the level of inefficiencies, and an assessment of the proposed funding model; and

(c) Australian International Hotel School: business risks against changing industry circumstances and assessment of options for the future.

2. In relation to the Territory's superannuation investments provide:

(a) options on the reporting of investments, and their performance separate from the Territory's operations; and

(b) a review of, and comparison with the arrangements relating to superannuation investment management in other jurisdictions.

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