ACT LABOR AND GREENS HAVE CHOICE TO SUPPORT GOOD GOVERNANCE THROUGH LDA BILL

ACT Labor and Greens will have the opportunity to demonstrate their commitment to good governance by voting in support of amendments aimed at strengthening integrity, transparency and accountability in the Land Development Agency successor agencies, Leader of the Opposition Alistair Coe said today.
“The Canberra Liberals are proposing significant amendments to the City Renewal Authority and the Suburban Land Agency Bill that will be debated in the Assembly today,” Mr Coe said.
“The LDA has a controversial history due to its lack of transparency and dodgy land deals. The Auditor-General and other entities have made numerous recommendations on measures to implement to strengthen the integrity of the LDA.
“The Bill proposed by the ACT government for the LDA’s successor agencies however, does not include these recommendations. As a result, the LDA integrity issues will be inherited by the new agencies.
“The amendments proposed by the Canberra Liberals include integrity gaps identified by the Auditor-General,” Mr Coe said.
The amendments include:
1. At least three independent land valuations must be conducted.
2. Land valuations must be published.
3. Board meeting agenda & minutes are to be published.
4. Quarterly reports are to be presented to the Legislative Assembly.
5. Conflicts of interest must be publicly declared.
6. Audit committees must be established.
7. Expensive land purchases must follow governance procedures.

“If Labor and the Greens fail to support these amendments today, they will be complicit in the promotion of bad governance arrangements,” Mr Coe said.
“The Auditor-General made recommendations to the government and the community about how to improve the LDA. The Canberra Liberals amendments will help bring about the reforms contained in the Auditor-General’s report,” Mr Coe concluded.