Page 4469 - Week 10 - Thursday, 23 September 2010
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In keeping with the government’s decision about the wind-down, the ActewAGL operating leases and the ACT government fleet management contracts were outsourced by mid-2009. After extensive market testing throughout 2009 and into the early months of this year, Rhodium finally managed, on 1 July 2010, to agree to terms to dispose of the last two main undertakings.
The remaining approximately 620 individual novated leases have been acquired by Toyota Fleet Management. The Department of Territory and Municipal Services has also assumed direct responsibility for managing the leases involved in the use of heavy plant and equipment. The department is expected to realise some modest savings under this new arrangement.
Now that Rhodium has disposed of all its main undertakings, a regulation will be made after the annual general meeting in October 2010 to exclude Rhodium from the Territory-owned Corporations Act 1990. Rhodium will then be managed as a shell company by the Department of Treasury for a short period until any residual liabilities have been finalised and the company can then be deregistered.
Inevitably, there are costs associated with winding a company down. These costs need to be viewed in the context of the continuing risks and exposures that would alternatively be borne by government should this company have continued to operate.
Savings are being realised from outsourcing the ACT government fleet contract and these equate to about $2 million per annum compared to the fees that had been charged by Totalcare before Rhodium came into existence. It is expected that by 31 October 2011 these accumulated savings will have exceeded the losses of Rhodium.
I am assured that the affairs of Rhodium are now drawing to a close. I will also keep the Assembly informed throughout the process in completing the winding up of this company.
Gender analysis report
Paper and statement by minister
MS BURCH (Brindabella—Minister for Disability, Housing and Community Services, Minister for Children and Young People, Minister for Ageing, Minister for Multicultural Affairs and Minister for Women) (3.39): I present the following paper:
ACT Public Service Workforce Profile 2008-2009—Supplementary Gender Analysis, in response to the resolution of the Assembly of 24 February 2010 regarding pay equity for women.
I move:
That the paper be noted.
My statement is in relation to a motion put forward by Ms Hunter on 24 February 2010 regarding gender pay equity. In agreeing to that motion, the
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