Page 4149 - Week 09 - Thursday, 26 August 2010

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2. See answer to question 1 above.

3. See answer to question 1 above.

4. (a) Marymead has been successfully delivering services, through Out of Home Care, Youth and Family Support Programs for a number of years. No other provider at that time was delivering any services specifically for Kinship carers. Kinship Carers from this group reported satisfaction with the service provided by Marymead.

(b) The Same as (b) in Question 6. The Group was seen as a valuable resource. It is no longer being funded by the Australian Government.

5. There is a funding agreement in place with Marymead in relation to the Grandparent Support Service.

6.

(a) A Service Funding Agreement (under the Family Support Program) is in place for the provision of the Marymead Grandparent Support Service.

(b) The Agreement was established from July 2007 initially until June 2010. The current funding agreement has been extended to the end of the 2010/2011 financial year to allow for the tendering of the new aligned Youth and Family Support Program.

(c) Marymead receive $19,309 per annum (2009/2010). This figure is indexed.

(d) The Program provides support for grandparents who are raising their grandchildren fulltime, or who play a significant role in raising their grandchildren. The network benefits grandparents in the ACT community by providing information and education, support to individuals and the grandparent-carer community through regular meetings and by advocating for their needs and raising community awareness.

(e) Marymead report to the Office for Children, Youth and Family Support in accordance with the standard reporting requirements for funded services including financial acquittals, audited financial report and performance reporting.

Government—investments
(Question No 980)

Ms Hunter asked the Treasurer, upon notice, on 23 June 2010:

Does the ACT Government, in any way, invest in (a) Alliant Techsystems, (b) Goodrich Corporation, (c) General Dynamics, (d) Hanwha, (e) Honeywell International, (f) L-3 Communications, (g) Lockheed Martin, (h) Northrop Grumman, (i) Poonsang Corporation, (j) Raytheon, (k) Singapore Technologies Engineering and (l) Textron Systems; if so, given that these companies are involved in the manufacture of cluster munitions and simulated testing of nuclear explosive devices will the ACT Government consider divesting itself of these investments.

Ms Gallagher: The answer to the member’s question is as follows:

The Government has investment exposure to some of the companies identified by way of indirect (for example, passive index portfolio that replicates the MSCI World-ex Australia index) or direct (for example, active portfolio which comprises a selection of stocks from the MSCI World-ex Australia index) investment exposure.

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