Territory Stories

Debates Day 2 - Wednesday 2 March 1994

Details:

Title

Debates Day 2 - Wednesday 2 March 1994

Other title

Parliamentary Record 25

Collection

Debates for 6th Assembly 1990 - 1994; ParliamentNT; Parliamentary Record; 6th Assembly 1990 - 1994

Date

1994-03-02

Notes

Made available by the Legislative Assembly of the Northern Territory

Language

English

Subject

Debates

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Legislative Assembly of the Northern Territory

License

https://creativecommons.org/licenses/by/4.0/

Parent handle

https://hdl.handle.net/10070/279526

Citation address

https://hdl.handle.net/10070/418761

Page content

DEBATES - Wednesday 2 March 1994 circumstances of 1994 and beyond, and we will continue to review our policies from year to year because I can assure members opposite that it will be CLP government that will be doing it not the ALP. Territorians will not wear the ALP on badge day with the nonsense these honourable members are coming out with. Mr Ede: We will see, won't we? Mr HATTON: Yes, we will see, and you may not even be in the House to discuss it. Mr Ede: We will see, won't we? Mr HATTON: We will see. Mr Ede: We will see whether you are here too. Mr HATTON: I shall be here. Mr Ede: You think so? Mr HATTON: Yes. Mr Parish: You will not be if Paul Henderson has anything to do with it. He is working a great deal harder than you ever have. Mr HATTON: It will be interesting. Members opposite talk about the slow release of land at affordable prices, particularly at Palmerston. An interjection from the member for Brennan was worth noting. He put a question that members opposite failed to pick up. What does it cost to produce a block of land? Mr Parish: I answered that. Mr HATTON: How much did you say? Mr Parish: The government bought them for $18 000. Mr HATTON: No. What does it cost in 1994? Mr Parish: You bought them for $18 000 - for development. Mr HATTON: The estimated cost of delivering a block of land now is about $30 000. That is to construct the roads, the verges, the kerbs and guttering, power, water, sewerage and telephone trunk services. That is the cost to the developer. It includes the cost of the land itself, as broadacre undeveloped land. It is to be assumed that a developer will want some return for the effort invested in that development. Most businesses do. They do not do it out of the goodness of their hearts. Therefore, $35 000 will not provide a very big profit margin. That is about ... Mr Parish: They did not develop those blocks today. They developed them over 10 years ago. Mr HATTON: I will deal with that. However, if land is to be released in the Palmerston area, people will need to be able to achieve that price. Land has been released for 11 342


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