Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Link to this | Hansard source

asked the Minister representing the Treasurer, upon notice, on 18 August 2011:

With reference to the National Competition Council:

(1) What is the actual location, including the full street address, of each premises occupied by the National Competition Council.

(2) In relation to each of the premises referred to in 1, are these premises:

  (a) owned by the Commonwealth; or

  (b) rented.

(3) What is the actual amount of space in square metres occupied by, or allocated to, the National Competition Council at each of the premises.

(4) What is the actual amount of space in square metres occupied by, or allocated to, the Commonwealth Government at each of the premises.

(5) For each of the premises that are owned by the Commonwealth:

  (a) what was the total purchase price of these premises and what was the purchase date;

  (b) what amount has been allocated as building depreciation from the date of purchase to the current date; and

  (c) what is the estimated current market value of these premises and on what basis has this market value been calculated or derived.

(6) For each of the premises that are rented, what are the current lease terms including:

  (a) the date the lease was entered into;

  (b) the current expiry date of the lease;

  (c) any further options available under the lease;

  (d) the rental amount payable per square metre on an annual basis; and

  (e) the total rental amount payable for the premises on an annual basis.

(7) When is the next rental review due and on what basis will any new rental be determined.

Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Link to this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

(1) The National Competition Council has one office which is located on Level 18 (in a portion of Level 18 occupied by the Australian Government Solicitor (Head Lessor)), 200 Queen Street, Melbourne, Victoria 3000.

(2) (b) The premises are rented under licence from the Australian Government Solicitor.

(3) The actual amount of space allocated to the National Competition Council at the above premises is approximately 218 square metres.

(4) The Australian Government Solicitor also occupies space at 200 Queen Street. The total amount of space occupied by the Australian Government Solicitor is not known.

(5) Not applicable.

(6) (a) The licence was entered into on 5 April 2011.

  (b) The current expiry date of the licence is 4 April 2015.

  (c)   There is an option to renew for a further term commencing 5 April 2015 and ending 31 January 2017.

  (d) The rental amount payable per square metre on an annual basis is $531.63 GST exclusive.

  (e) The total rental amount payable for the premises on an annual basis is $115,895 GST exclusive.

(7)   The next rental review is due on 5 April 2012 based on a 4% increase.