A question put forward to the Hon. P. HOLLOWAY regarding Land Management Corporation.
The Hon. J.M.A. LENSINK:
1. How many times has the Charter of the Land Management Corporation been altered since the corporation’s inception?
2. What have been the alterations to the Land Management Corporation’s Charter?
3. What effect have changes to the Land Management Corporation’s Charter been to the Corporation’s bottom line?
4. What subdivisions are planned for 2004-2005?
5. How many allotments will be provided for each subdivision?
6. How many subdivisions took place in:
(a) 2003-2004;
(b) 2002-2003;
(c) 2001-2002;
(d) 2000-2001;
(e) 1999-2000;
(f) 1998-1999; and
(g) 1997-1998?
7. How many allotments were provided in each of these years?
8. What was the total size of land releases in each of the above years?
9. What was the total revenue from the sale of land in each of the above years?
The Hon. P. HOLLOWAY: The Minister for Infrastructure has provided the following information:
1. Three times.
2. The alterations have been to reflect a change in the LMC regulations and to amend the rules regarding the investment activities of LMC.
3. It is not possible to create a direct correlation between the LMC Charter and its financial results. The changes to the Charter have no direct impact on LMC’s bottom line.
4. In answering the following questions, “subdivision” has been interpreted as an application to divide land. Subdivisions planned for 2004-05 include:
Andrews Farm – redefinition of boundaries;
Lochiel Park – residential subdivision;
Industrial land at Seaford, Largs North and Edinburgh Parks;
Mawson Lakes – joint venture; and
Various adjustments to boundaries that may be required.
5. The additional allotments resulting from those subdivisions are:
Andrews Farm – no additional allotment, land to be vested as road;
Lochiel Park – number of additional allotments to be created yet to be determined;
Industrial land – 41 lots; and
Mawson Lakes – applications lodged by Joint Venture Project Manager to meet anticipated demand.
6. Land division data is recorded in calendar years. The data provided in response to questions 6 and 7 has been obtained from the Development Assessment Commission by extracting all land division applications lodged with LMC shown as landowner. The number of subdivisions lodged is shown below:
1998 26
1999 46
2000 24
2001 35
2002 43
2003 40
2004 (to date) 20
The subdivisions referred to in response to question 6 created the following additional allotments:
1998 278
1999 360
2000 47
2001 219
2002 373
2003 553
2004 (to date) 102
7. The following numbers of allotments were offered for sale by LMC in the years indicated. Surplus properties offered for sale on behalf of other Government agencies are excluded.
1998 930
1999 993
2000 834
2001 419
2002 757
2003 415
2004 (to date) 133
8. The areas of land offered for sale in each of the above years, excluding the disposal of surplus properties on behalf of other Government agencies, were:
Hectares
1998 108
1999 81
2000 108
2001 103
2002 66
2003 107
2004 (to date) 71
9. The total revenue from the sale of land for each year is as follows:
$000’s
(a) 2003-2004 $33 751
(b) 2002-2003 $11 923
(c) 2001-2002 $9 885
(d) 2000-2001 $7 015
(e) 1999-2000 $11 186
(f) 1998-1999 $14 064
(g) 1997-1998 $1 025 (1 May 1998-30 June 1998).
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