Senate debates

Monday, 12 September 2011

Questions on Notice

National Competition Council: Accommodation (Question No. 1003)

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share 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.

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