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Tuesday, 27 October 1964
Page: 1302

Senator WRIGHT (Tasmania) . - Mr. Chairman, a vote of £27.8 million for the A.C.T.?

Senator O'Byrne - That is right.

Senator WRIGHT - But £27.8 million for the A.C.T.? What I seek to discover, Mr. Chairman, is whether or not any item of this £27.8 million is related in the slightest degree to the construction of the new Parliament House or its environs, or has anything to do with determining the site for the new Parliament House or the preparation of it. I hope that somebody else will see whether or not a vote of £27.8 million is justified for the Australian Capital Territory, and 1 ask the Minister whether any accounts are available to show what part of this sum is being allocated to capital development within the Territory. I note that £15 million is to go to the National Capital Development Commission. I suppose since we established that corporation we have voted for this Territory about £100 million, with perhaps £60 million for the Commission itself. 1 have heard it said that this expenditure is being carried out in such a way as to produce an economic return for the outlay from enhanced value of sites that are being sold and the enhanced rentals of leases. Has the Minister been furnished with any figure that indicates that thought has been given to whether we are just burying this £27.8 million? Is somebody keeping a check on it to see whether or not the money is being spent economically?

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