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15 June 2011

422  MR PYNE: To ask the Minister representing the Minister for Tertiary Education and Skills—In respect of the Building the Education Revolution projects at Eidsvold State School in Queensland, which according to his department has been allocated $850 000 for the development of a multi-purpose hall under the Primary Schools for the 21 st Century element of the program, and $75 000 for a learning resource centre under the National School Pride element of the program, (a) what is the value of the building contract entered into by the Queensland State Department of Education and the selected contractors for each project, (b) have the specified works for these projects been completed, (c) has the scope of works for these projects been varied at any time; if so, what were the variations and reasons given for them, and on what dates were the variations approved by his department, and (d) has his department paid the Queensland State Department of Education all funding allocated to this school; if not, what sum remains to be spent; if so, have the projects been acquitted, and final inspections of the works been undertaken.

423  MR HARTSUYKER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many retail customers signed up for fixed-line National Broadband Network services in the week ending 10 June 2011, what services did they sign up for and at what speed.

424  MR FLETCHER: To ask the Assistant Treasurer—

(1)  Has the Australian Prudential Regulation Authority (APRA) assessed the likely impact of the Government’s proposed carbon tax on Authorised Deposit-taking Institutions (ADIs), including loan delinquency levels, and whether ADIs would have adequate capital to cover increased delinquency levels; if so, what assessment was undertaken, and what was the outcome.

(2) Has APRA requested that ADIs examine the likely impact of the Government’s proposed carbon tax on their loan books, and whether they would have adequate capital to cover increased delinquency levels; if so, what requests were made, and what was the outcome.

(3) What scope is there for APRA to increase the capital adequacy minimums imposed on ADIs to cover the potential increased risk of default from both the residential and commercial loan books arising from the proposed carbon tax.

425  MR FLETCHER: To ask the Assistant Treasurer—Has the Australian Prudential Regulation Authority (APRA) assessed the likely impact of the Government’s proposed carbon tax on the superannuation industry, including superannuation invested in shares in, and retirement funds exposed to, the energy, manufacturing and mining sectors; if so, what assessment was undertaken, and what was the outcome.