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 Corporations and Markets Advisory Committee:

(1) What is the actual location, including the full street address, of each premises occupied by the Corporations and Markets Advisory Committee.

(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 Corporations and Markets Advisory Committee 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) CAMAC has only one location and its location is: Level 16, Suite 1B, 60 Margaret Street, Sydney NSW 2000

(2) Rented

(3) 224 square metres

(4) As for (3)

(5) Not applicable

(6) (a) Date the lease was entered into: 1 February 2009

  (b) Expiry date of the Lease term: 31 January 2014

  (c) No

  (d) Annual rental amount payable per square metre: $639.00m2

  (e) Total rental amount: $143,136 with a 4% increase every year.

(7) There are no rent reviews.