Senate debates

Monday, 12 September 2011

Questions on Notice

Auditing and Assurance Standards Board (Question No. 1004)

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | | Hansard source

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

With reference to the Auditing and Assurance Standards Board:

(1) What is the actual location, including the full street address, of each premises occupied by the Auditing and Assurance Standards Board.

(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 Australian Accounting Standards Board 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.

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) Level 7

600 Bourke Street

Melbourne, 3000

(2) Rented

(3) AUASB 446.75

(4) Nil

(5) (a) N/A

  (b) N/A

  (c) N/A

(6) (a) 1 August 2006

  (b) 31 July 2016

  (c) No

  (d) 377.16 sqm Net

  (e) 146,315.63 p.a. Net

(7) 1 August 2012

  Fixed percentage increase each and every anniversary of the commencement date of 4%