Festival Plaza Redevelopment

Ms CHAPMAN (Bragg—Deputy Leader of the Opposition) (14:43): My question is to the Minister for Housing and Urban Development. Has the government now signed a contract with Walker Corporation for the Festival Plaza redevelopment; if not, has a time limit been placed in respect of the signing of the contract before the heads of agreement lapses?

The Hon. S.C. MULLIGHAN (Lee—Minister for Transport and Infrastructure, Minister for Housing and Urban Development) (14:43): I thank the deputy leader for her question. My understanding is that negotiations are progressing well. We hope to be in a position to conclude those negotiations and enter into a binding agreement very shortly.