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Wednesday, 14 August 1974
Page: 878


Senator LAUCKE - I address a question to the Minister for Foreign Affairs in his capacity as the Minister representing the Minister for the Capital Territory. Has the Minister for the Capital Territory approved the issue of valuation notices for rating to lessees in the Kingston and Griffith areas on the basis of potential for redevelopment? Can this move be interpreted as the introduction of a new basis for valuations in the Australian Capital Territory? Does it not constitute a major departure from past rating practice based on comparable values as determined by sales? Is this system to be applied to other areas in the Australian Capital Territory?


Senator WILLESEE -I regret that I cannot immediately give that information to Senator Laucke but I shall refer the question to the Minister for the Capital Territory and obtain an answer as soon as possible.







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