Page 5549 - Week 14 - Thursday, 30 November 2017
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(6) The Better Suburbs Statement will provide a shared vision and identify objectives and priorities over a four year period.
(7) The Better Suburbs Statement will be reviewed annually.
(8) No special measures are proposed in this regard. The Statement will be freely available to the community.
(9) TCCS undertakes an annual Customer Satisfaction Survey and the results should reflect improvements in the delivery of city services. It is anticipated that the Better Suburbs “Your Say” page will remain active throughout the program delivery to provide updates on the progress of the priorities identified in the Statement and to ensure the conversation continues.
Government—rental bonds scheme
(Question No 807)
Ms Le Couteur asked the Minister for Regulatory Services, upon notice, on 27 October 2017 (redirected to the Attorney-General):
(1) What is the level of interest accrued by the Rental Bonds Scheme.
(2) What proportion is distributed to the (a) Tenants Union, (b) Office of Rental Bonds and (c) ACT Civil and Administrative Tribunal.
(3) How has this fund changed over time.
(4) What was the level of funds for each financial year from 2010-11 to the present.
Mr Ramsay: The answer to the member’s question is as follows:
(1) Total Interest of Rental Bond Accounts:
|
2010-11 $’000 |
2011-12 $’000 |
2012-13 $’000 |
2013-14 $’000 |
2014-15 $’000 |
2015-16 $’000 |
2016-17 $’000 |
2017-18 2 $’000 | |
|
Total Interest 1 |
2,679 |
2,941 |
2,602 |
2,188 |
2,083 |
1,864 |
1,804 |
599 |
Note:
1. Total Interest includes interest earned from the Access Canberra operating bank account (Rental Bond Trust Account) and the Public Trustee and Guardian investment account (Rental Bond Trust Account).
2. 2017-18 interest relates to the period from July to October 2017.
(2) The Territory pays all bond money received into a trust account. The interest from the Rental Bonds Trust accounts is transferred into the ACT Civil and Administrative Tribunal (ACAT) Trust fund.
The ACAT Trust also includes receipts and interest relating to other authorising laws and provides funding for ACAT related services as prescribed under the ACT Civil and Administrative Tribunal Act 2008. It also funds a range of services under the Residential Tenancy Act 1997. These include:
- Office of Rental Bond functions and related services;
- provision of dispute resolution services; and
- provision of Tenants Advice Services.
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