Department of the Legislative Assembly, Northern Territory Government

Mr BAILEY - 1999-02-24

The minister must be aware that Yulara residents, including independent businessman, Ren Kelly, wanted to buy their Housing Commission homes at a fair price. I refer the minister to the recently released Auditor-General’s report, and I ask why did the Country Liberal Party lose $4.7m of taxpayers’ money when it sold all of the Housing Commission stock to Lend Lease?

ANSWER

Mr Speaker, I have to admit, I am not au fait with what the member has asked. I am aware that the Housing Commission stock was sold as part of the whole package, when we actually sold to the corporation.

I will take that question on notice and get back to the member with more information later.
Last updated: 09 Aug 2016