Estimates Replies

Housing Trust Rents

In reply to the Hon. S.C. MULLIGHAN (Lee) (21 September 2018). (Estimates Committee B)

The Hon. R.I. LUCAS (Treasurer): I am advised that rent rates are not able to be disclosed as they are commercial-in-confidence.

The business functions transitioning from Adelaide to Port Adelaide accommodation were previously located in Westpac House. I can confirm the rent per m² of Westpac House is more expensive as compared to the Port Adelaide accommodation.

I am advised that 'dead rent' across the two buildings could amount to up to $6.1 million although DPTI continues to pursue options to attract tenants into Westpac House to minimise any dead rent impacts.