Senate debates

Monday, 12 September 2011

Questions on Notice

Australian Prudential Regulation Authority: Accommodation (Question No. 1009)

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 Australian Prudential Regulation Authority:

(1) What is the actual location, including the full street address, of each premises occupied by the Australian Prudential Regulation Authority.

(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 Prudential Regulation Authority 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) and ( 3) Adelaide – Floor 5, 100 Pirie Street, Adelaide SA 5000 – 293.3sqm.

Brisbane – Level 23, 300 Queen Street, Brisbane QLD 4000 – 580.0sqm.

Canberra – Level 2, 243-251 Northbourne Ave, Lyneham ACT 2602 – 1,150.0sqm.

Melbourne – Level 21, Casselden Place, 2 Lonsdale Street, Melbourne VIC 3000– 1,484.0sqm.

Perth – Suite 15E, 250 St Georges Terrace, Perth WA 6000 – 158.0sqm.

Sydney – Level 26, 400 George Street, Sydney NSW 2000 – 8,466.6sqm.

(2) All APRA premises are rented.

(4) The space identified in 3 above is wholly occupied or allocated to APRA or its agents.

(5) Not Applicable.

(6) and (7) Refer table below: