Page 4991 - Week 15 - Thursday, 15 December 2005
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(1) What were the outcomes of the review of the current transfer application and policy for public housing tenants;
(2) How does the new policy differ from the previous policy and what benefits will arise for tenants in relation to any new transfer application procedures.
Mr Hargreaves: The answer to the member’s question is as follows:
(1) There has been no review of the transfer application policy for public housing tenants.
(2) See above. There are no new transfer application procedures.
Housing ACT—performance levels
(Question No 758)
Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:
What are the levels of improvement or maintenance of levels of performance for Housing ACT in (a) 2003-04, (b) 2004-05 and (c) 2005 to date in relation to (i) return on assets, (ii) return on equity, (iii) the liquidity ratio and (iv) debt to equity ratio.
Mr Hargreaves: The answer to the member’s question is as follows:
The ratios requested are set out in the table below
|
2003-04 Actual |
2004-05 Actual |
2005-06 Actual 31 October 2005 | |
|
Profitability | |||
|
Return on Assets |
-0.05% |
-0.28% |
0.09% |
|
Return on Equity |
-0.25% |
-0.48% |
0.03% |
|
Liquidity | |||
|
Current Ratio |
2.9:1 |
1.3:1 |
2.1:1 |
|
Financial Stability | |||
|
Debt Ratio |
4.68% |
4.42% |
4.44% |
Return on Assets = (operating results before tax + interest expense) / average total assets for period
Return on Equity = operating result before tax / equity
Current Ratio = current assets / current liabilities
Debt Ratio = total liabilities / total assets
Housing ACT—financial modelling
(Question No 759)
Mrs Burke asked the Minister for Disability, Housing and Community Services, upon notice, on 15 November 2005:
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