House of Assembly: Thursday, May 26, 2016

Contents

Festival Plaza Redevelopment

Ms CHAPMAN (Bragg—Deputy Leader of the Opposition) (14:33): My question is to the Minister for Housing and Urban Development. Are there any variations to the key commercial terms in the development agreement between Walker Corporation and the state government, as announced on 13 March 2015 by the Premier in respect of the Plaza development, and the development agreement, as announced by the minister today, and, if so, what are they?

The Hon. S.C. MULLIGHAN (Lee—Minister for Transport and Infrastructure, Minister for Housing and Urban Development) (14:33): As the deputy leader said, there were some key commercial terms which were entered into as part of a form of an agreement a little over a year ago, and of course what the Premier and I have announced today is that we have been able to finalise and execute a final development agreement between the state and the developer, Walker Corporation. I would have to check to see what, if any, detail has changed between the two of those. Suffice to say, with an additional 12 months of discussions, consultations, and of course very detailed and at times perhaps robust commercial negotiations, it is likely that there may be some changes, but—

Ms Chapman: You've negotiated for 12 months and you can't even tell us one difference.

The Hon. S.C. MULLIGHAN: As I was saying, Mr Speaker—

The SPEAKER: The deputy leader is warned for the second and final time.

The Hon. S.C. MULLIGHAN: As I was saying, I will endeavour to investigate that and come back to the house with an answer.