(1) Has his attention been drawn to negotiations involving the Sydney Airport Corporation Limited, the Rockdale City Council, the NSW Department of Land and Water Conservation and the Sydney Ports Corporation with a view to reaching an agreement to fund restorative work in and around the foreshores of Botany Bay as a result of wave action due, in part, to changed wave patterns following the construction of the third runway at Sydney (Kingsford-Smith) Airport.

(2) Is the Sydney Airport Corporation not prepared to finalise an agreement in respect to the provision of such funding unless and until it receives a release from any further potential liability.

(3) Will he examine the matters which are the subject of the negotiation with a view to the removal of any conditions that are impeding a resolution of the matter.

(1) I am aware of the negotiations as a result of the honourable Member's questions and subsequent advice from my department and Sydney Airports Corporation Limited.

(2) Sydney Airports Corporation has advised that these matters are the subject of ongoing negotiation with the parties concerned. I am advised that there are a number of matters to be resolved before an agreement can be finalised.

(3) No. This is a commercial matter for Sydney Airports Corporation who have an independent Board of directors overseeing its operations. It is not appropriate for me as shareholder to intervene in a specific business matter of this nature.