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Tuesday, 28 May 2002
Page: 2544

Mrs Crosio asked the Minister representing the Minister for Finance and Administration, upon notice, on 13 February 2002:

(1) Following the deference of the 17 September 2001 deadline after the terrorist attacks in New York, what date has the Minister decided as the renewed deadline for bids for the sale of Sydney (Kingsford-Smith) Airport.

(2) Will the successful bidder still have first right of refusal over future development of further development at the Badgery's Creek proposed airport site.

Mr Costello (Treasurer) —The Minister for Finance and Administration has supplied the following answer to the honourable member's question:

(1) The Government announced the Recommencement of the Sale Process for Sydney Kingsford-Smith Airport on 11 March 2002. The Sale Process will recommence at the preparation of the Binding Bid stage. Details of the sale timetable will be determined by the Federal Government's commitment to securing the best possible outcome for Australian taxpayers.

(2) Yes.