Dr KELLY (Parliamentary Secretary for Defence Support and Parliamentary Secretary for Water) (9:20 AM) —On behalf of the Minister for Finance and Deregulation, I move:

The Australian Taxation Office—ATO—proposes to undertake an integrated fit-out of new leased premises at 12-26 Franklin Street, Adelaide, South Australia. The new premises will replace the existing three ATO locations in the Adelaide CBD. The leases for two of these properties will expire in 2012, with the remaining lease due to expire in 2014. It is expected that the co-location into a single new building will provide the ATO with considerable advantages in building design, operations, performance and efficiency, long-term viability and maintenance. The estimated out-turn cost of the proposal is $52.9 million, plus GST. Subject to parliamentary approval, the proposed integrated fit-out works are scheduled to start in May 2011 and be completed by 31 October 2012. The developer will initiate work on site with the excavation and pier drilling of the basement areas commencing in August this year. Groundworks will begin in September. The ATO is expected to take up occupancy of the building in November 2012. I commend the motion to the House.

Question agreed to.