Page 1419 - Week 05 - Thursday, 18 June 2020
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video
(14) For any SLA sales that settled in the financial years (a) 2016-17, (b) 2017-18, (c) 2018-19 and (d) 2019-20 to 31 March 2020, can the Minister provide (i) how many were not released formally to market and (ii) what was the total value of these sales.
(15) Were there any transactions in the financial years (a) 2016-17, (b) 2017-18, (c) 2018-19 and (d) 2019-20, that contained properties that had been released to market and properties that had not been released to market.
(16) For any transaction identified in part (15), can the Minister provide the (a) purchaser, (b) total property volumes, (c) total transaction revenues, (d) volume of properties not publicly released and (e) revenue from properties not publicly released.
(17) What allowance or risk weighting in setting SLA annual sales budgets is made for late developer payments.
(18) Can the Minister provide policies and procedures on the monitoring and reporting of settlement occurring later than the original settlement date on the sales advice of SLA sales.
(19) Can the Minister provide policies and procedures relating to the SLA approving settlement dates later than the original settlement date on sales advices on SLA transactions.
(20) Can the Minister provide any policies and procedures relating to the application of penalty interest on SLA sales that have delayed settlements.
(21) Can the Minister provide copies of regular management reporting of settlement delays on SLA sales.
(22) Can the Minister provide any policies and procedures for monitoring and reporting on settlement activities including settlement delays.
(23) In relation to settlement delays for SLA sales what was (a) the median delay in days, (b) the mean delay in days and (c) the longest delayed settlement in days for a property that settled in the relevant year, for the financial years (i) 2016-17, (ii) 2017-18, (iii) 2018-19 and (iv) 2019-20 to 31 March 2020.
(24) In relation to delayed settlements for SLA sales, (a) how many transactions had delayed settlements by (i) volume and (ii) sales revenue, (b) what percentage does this represent of overall transactions for each year by (i) volume and (ii) sales revenue, (c) how many of these settlement delays were caused by the SLA by (i) volume and (ii) sales revenue, (d) how many of these settlement delays were caused by the buyer by (i) volume and (ii) sales revenue, (e) how many of these settlement delays were caused by a combination of SLA and buyer by (i) volume and (ii) sales revenue and (f) where the settlement delay was caused by the buyer, what (i) was the volume of these transactions that had penalty interested levied, (ii) was the total penalty interest collected and (iii) volume did not have penalty interest levied, for the financial years (A) 2016-17, (B) 2017-18, (C) 2018-19 and (D) 2019-20 to 31 March 2020.
(25) In relation to part (24)(f)(iii), can the Minister detail, the (a) property address, (b) original settlement date, (c) actual settlement date, (d) foregone interest based on the difference between the original settlement date and the actual settlement date and (e) the reason for not charging interest.
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video