Territory Stories

Budget 2013/14 Northern Territory Economy

Details:

Title

Budget 2013/14 Northern Territory Economy

Other title

Tabled paper 295

Collection

Tabled papers for 12th Assembly 2012 - 2016; Tabled papers; ParliamentNT

Date

2013-05-14

Description

Tabled by David Tollner

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Department of the Treasury and Finance

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00866

Parent handle

https://hdl.handle.net/10070/273751

Citation address

https://hdl.handle.net/10070/426369

Page content

Defence 195 Northern Territory Economy approximately $83.8 million, with a further eight houses anticipated to be completed by 30 June 2013. The finished properties were in Bellamack (13), Larrakeyah (69) and Muirhead (50), with the eight properties still under construction all located in Bellamack. The addition of these new properties to DHAs portfolio is anticipated to be offset by the release of older housing stock onto the private market. Defence Housing Developments The Darwin suburb of Lyons was a joint venture between DHA and CICAustralia. Redevelopment of the 700 lots began in mid-2007 and was finished in mid-2011. DHA has retained 345 houses for the use of defence personnel and their families. With the completion of Lyons, DHA is focusing on the construction of the adjoining suburb of Muirhead in partnership with Investec Australia. Muirhead comprises 152 hectares of land and has capacity for 1200dwellings, of which DHA intends to retain 330. Construction of the 166 lot Muirhead stage 1 began in late 2011 and was completed in late 2012. DHA has retained 50 houses from stage 1 for defence use. The 515-lot stages 2 and 3 of the Muirhead development are now under construction and are anticipated to yield 576 dwellings, of which DHA intends to retain 100 dwellings (50 from each stage). Construction of Zuccoli stage 1 began in mid-2012 and is expected to deliver up to 500 residential lots. DHA has an option to acquire 15percent of Zuccoli lots. DHA has so far taken up 21 of 141 lots in stages 1.1 and 1.2of the development. DHA currently has 43 properties in Bellamack with an additional eight under construction and anticipated to be completed by 30 June 2013. There are currently 23 DHA houses in Johnston with no plans for additional future construction work. As part of the ADFs Project Single Living Environment and Accommodation Precinct (Project Single LEAP), an additional 232 units are now under construction at Larrakeyah Barracks in Darwin. The project is due for completion in the third quarter of 2013. In addition, DHA is currently replacing 61 existing substandard dwellings with 97 new dwellings over the coming years. In the financial year to 31March 2013, DHA had completed construction of 69 of these dwellings. Project Single LEAP includes the delivery of 686 units by SitzlerPtyLtd at RobertsonBarracks. Construction has begun and is expected to be completed in the first quarter of 2014. DHA began to replace 253 houses on RAAF Base Darwin in the suburb of Eaton that were deemed beyond economic repair. Stage 1 began in late 2012 and includes the replacement of 97 existing dwellings with new dwellings. Further staged works are expected, with completion expected in late 2014 or early 2015. Lyons Muirhead Zuccoli Bellamack Johnston Larrakeyah Barracks RobertsonBarracks RAAF Base Darwin


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