Page 5566 - Week 14 - Thursday, 30 November 2017

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video

---

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

See Attachment A.

(A copy of the attachment is available at the Chamber Support Office).

Access Canberra—rental bonds
(Question No 818)

Mr Coe asked the Minister for Regulatory Services, upon notice, on 3 November 2017 (redirected to the Treasurer):

(1) What was the total value and total number of rental bonds held by the ACT Government during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

(2) What was the average value of a rental bond held by the ACT Government during (a) 2015-16, (b) 2016-17 and (c) 2017-18 to date.

(3) What is the current total (a) value and (b) number of rental bonds that have been outstanding for longer than one year and have not been refunded.

(4) Does the ACT Government earn interest on the held rental bonds; if so, can the Treasurer provide the (a) rate at which the bonds accrue interest and (b) total value of the interest earned during (i) 2015-16, (ii) 2016-17 and (iii) 2017-18 to date.

Mr Barr: The answer to the member’s question is as follows:

(1) Total bonds held as at 14 November 2017 was 38,487, with a total value of $69,353,160.

The current Rental Bonds information system does not retains records of total bonds held for historic dates. However, the total number of bonds lodged for each financial year are as per the table below.

(2) See above.

(3) As at 10 November 2017, there were 23,944 bonds older than 12 months with a value of approximately $39,218,792.98.

(4) The ACT Government earns interest on rental bonds held as follows:

---

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video