NSW PARLIAMENT LEGISLATION REVIEW COMMITTEE … AND WHAT IT HAD TO SAY ABOUT THE SYDNEY METRO BILL …

 

NSW PARLIAMENT LEGISLATION REVIEW COMMITTEE … AND WHAT IT HAD TO SAY ABOUT THE SYDNEY METRO BILL …

Parliament’s Legislation Review Committee, (page v) had this to say about the Metro Bill 2018

“Insufficiently subjects the exercise of legislative power to parliamentary scrutiny: s 8A(1)(b)(v) of the LRA

Uncertain scope of potential powers to develop land Under the Bill, Sydney Metro can acquire and develop land for residential, retail and commercial purposes on land in the locality of an actual or proposed metro station, depot or stabling yard.

The land on which Sydney Metro can do this will be shown on a map adopted by an order of the Minister for Planning, made with the concurrence of the Minister for Transport, and which will be published in the Gazette.

In light of Sydney Metro’s powers under the Bill to acquire and develop land for a wide variety of purposes, and because ‘locality’ is not defined in the Bill, the Committee is concerned that the map is not subject to an appropriate level of parliamentary scrutiny.

The Committee draws this to the attention of Parliament.”

View concerning the Sydney Metro Bill 2018:

Click to access Digest%20No%2053%20-%201%20May%202018.pdf

Transport Administration Amendment (Sydney Metro) Bill 2018
An Act to amend the Transport Administration Act 1988 and other legislation to establish Sydney Metro and to facilitate the development, implementation and operation of a metro in Sydney; and for related purposes.

NOTE above “for related purposes”.

The screen shot below also clearly shows the Bill passed the Lower House with-out amendment.

No automatic alt text available.

SOURCE:  https://www.parliament.nsw.gov.au/committees/DBAssets/CommitteesDigest/AddInformation/620/Digest%20No%2053%20-%201%20May%202018.pdf

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TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018 … 2ND READING DEBATE … MINISTER SEEKING PRIVATISATION OF ALL NSW PUBLIC TRANSPORT

 

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TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018 … 2ND READING DEBATE … MINISTER SEEKING PRIVATISATION OF ALL NSW PUBLIC TRANSPORT

* A LONG READ … BUT THIS IS VERY IMPORTANT! SHARE!!

The legislation here may well explain Ryan Park, Shadow Treasurer’s statement on TV a few weeks back.

Perhaps it was in relation to this? He said words to the effect of – ‘they will sell the land out from under you … ”

It still has to get through the Upper House … however sadly for us Fred Nile often it seems rolls over for the Government having negotiated for what he wants … Ditto the Shooters and Fishers …

With the number of Liberals/Nationals in the Lower House and the tight numbers in the Upper House – is it any wonder that we get such appalling Legislation and Regulations?

The first 30 pages of Hansard can be described as gobsmacking as to the potential impacts … that will have far reaching consequences …

COPIED here parts of Jodi McKay’s speech; the full speech is worth a read.

The debate on this starts on page 1 of the document.

https://api.parliament.nsw.gov.au/api/hansard/search/daily/pdf/HANSARD-1323879322-101672

LEGISLATIVE ASSEMBLY

Wednesday, 2 May 2018

Bills

TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018

Second Reading Debate

Debate resumed from 10 April 2018.

Ms JODI McKAY (Strathfield) (10:13):

“I lead for the Opposition in debate on the Transport

Administration Amendment (Sydney Metro) Bill 2018. This bill establishes the Sydney Metro Delivery Office as a standalone transport agency and statutory corporation. In reading the Minister’s second reading speech, one would be forgiven for thinking that this was all the bill did, but it does so much more than the Minister has revealed in this House, which is why Labor will oppose this bill.

I listened closely to the Minister’s second reading speech but I did not hear the real reason for introducing the bill. He noted that the Sydney Metro Delivery Office has been working successfully as part of Transport for NSW since 2011.

Why the need for change? There is one agenda, and one agenda only: privatisation.

In his second reading speech the Minister did not say that this agency will be a developer, in that land near a station can be turned into any form of development, including residential high-rise or retail. He also did not say that this agency will be able to deliver bus services that may not even be connected to the metro. He did not say that the path he is taking is one that follows almost to the letter the path that the Government took to sell off WestConnex and to create the secretive Sydney Motorway Corporation.”

And further on …….

”I remind the House that before there was the shady secretive Sydney Motorway Corporation, the Government established the WestConnex Delivery Authority to oversee the construction, financing and management of the motorway. The WestConnex Delivery Authority was a public subsidiary corporation within Roads and Maritime Services.

Back then the Minister for Roads trumpeted how the WestConnex Delivery Authority board offers “market leading construction finance and engineering capabilities”—in the same the way that, according to the Minister for Transport and Infrastructure, Andrew Constance, the Sydney Metro will have an “expertise based board”.

The WestConnex Authority board of directors reported directly to the Minister for Roads, just as the new Sydney Metro Board will report to the Minister for Transport and Infrastructure. In considering the bill, it is important to note that the WestConnex Delivery Authority did not last. It currently does not exist, and I will guarantee that the Sydney Metro will not exist.

The Minister is seeking the privatisation of all public transport in this State. The Minister has said that that is his philosophy. Every action he is taking is about privatising public transport.”

And further on ……

“A year after the Government established the shady and secretive Sydney Motorway Corporation to manage procurement and project delivery functions, it closed the WestConnex Delivery Authority and transferred every single one of the authority’s functions to the Sydney Motorway Corporation.

Now, as I said, the Government is finalising the sale of 51 per cent of the Sydney Motorway Corporation. It is effectively privatising the Sydney Motorway Corporation and WestConnex.

The Sydney Motorway Corporation is a private company. It is constituted under the Corporations Act so it is not subject to the accountability mechanisms of government, and it is not accountable to freedom of information laws.

That is concerning. It means that anyone, including me, who tries to conduct a search on WestConnex under the Government Information (Public Access) Act will meet with a blank wall.

This Government has created a secretive organisation that is not accountable to this Parliament.

However, shortly we will be debating my private member’s bill in this Parliament and that bill seeks to return those accountability mechanisms to the Sydney Motorway Corporation.”

And further on

“The bill allows for the SYDNEY METRO to enter into passenger service agreements, including bus services.

Why would the Sydney Metro corporation, which this bill seeks to establish, want to operate bus services?

The bill states that these bus services do not have to be connected to the operations of the Sydney Metro.

This deceitful and appalling inclusion in the bill effectively gives the new Sydney Metro corporation the ability to take over any and all bus services in this State.

We all know what Minister Constance is about, because we have seen it with the inner west buses. The Government is seeking to set up a Sydney Metro agency to operate bus services.

Bus services have nothing to do with the Sydney Metro, yet in this bill the Minister is ensuring that it will be able to operate bus services—and bus services not connected to the metro. That is what the bill states”

“Why does this Sydney Metro authority, this Sydney Metro Board, this statutory corporation need the ability to buy or lease land?

It needs it because the Minister is fattening the pig for market. If you buy that land and put it within the statutory corporation—hey presto!—you have a big corporation, a big agency, that has bus services and can develop land, and it is in legislation.

This means that the Government will try to push this legislation through today because it needs to start work so that, if it wins the next election, it can then sell the Sydney Metro.

This new Sydney Metro agency can finance, manage and develop land for residential, retail, commercial, industrial or mixed-use development. It is just another attempt by this Government to deceive the community.

Why on earth would this agency, purported to deliver Sydney Metro services, want to build high-rise development or a shopping centre? Why did the Minister not tell us that when he walked into this House to deliver his second reading speech?

Now we have UrbanGrowth NSW, Landcom, the Department of Planning and Environment and the Greater Sydney Commission, all of which are about land development—and guess what?

Now we will have a new authority, a new agency, that can develop land and it is called the Sydney Metro. What a deceitful thing the Minister has done in bringing this bill to this House.

The Government has been incredibly quiet on its plans for development around stations. This is first time that we are finding that the Sydney Metro agency will not only operate passenger metro services but will in fact be a developer of high-rise residential buildings and retail shopping centres.

It is yet another concerning and controversial aspect of this bill that the Minister chose not to disclose when he gave his second reading speech in the last sitting week.

If he were honest with the community—and we know, time and again, that this Minister is not—he would have laid the facts on the table and said, “This is what we intend to do.”

CAAN:

BUT he has hidden that intention and instead given a second reading speech that is full of all of his achievements and how great this infrastructure-spending and infrastructure-building Government is. What a crock that is!

That means that, for the first time in a bill, an agency will be released from having to comply with the Government Information (Public Access) Act—GIPA Act—rules for corporate plans. That is just ridiculous; it is purely about hiding information.

After the Desane verdict in the Supreme Court – what does this mean for their stinking legislation?

Will they re-work the Legislation to try get around the Supreme Court ruling?

That means that, for the first time in a bill, an agency will be released from having to comply with the Government Information (Public Access) Act—GIPA Act—rules for corporate plans. That is just ridiculous; it is purely about hiding information.

 

SOURCE:  https://api.parliament.nsw.gov.au/api/hansard/search/daily/pdf/HANSARD-1323879322-101672

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TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018

TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018

 

First Reading

 

Bill introduced on motion by Mr Andrew Constance, read a first time and printed.

 

Second Reading Speech

 

Mr ANDREW CONSTANCE ( Bega—Minister for Transport and Infrastructure) (16:13): I move:

 

That this bill be now read a second time.

 

I am very pleased to introduce the Transport Administration Amendment (Sydney Metro) Bill 2018. The purpose of the bill is to amend the Transport Administration Act 1988 to establish Sydney Metro as a standalone transport agency and statutory corporation, charged with end to end responsibility for the delivery and operation of Sydney’s world class metro system. In this way, Sydney Metro will play a critical role in delivering whole-of-government strategies and policies, including the Future Transport Strategy 2056, Infrastructure NSW’s State Infrastructure Strategy and the Greater Sydney Commission’s Greater Sydney Region Plan and District Plans. After 16 long years of neglect under Labor, where the people of New South Wales were promised 12 rail lines—of which only half of one line was actually delivered—had nine transport master plans and six transport Ministers, this Government has gotten on with the job of actually building tomorrow’s Sydney, because Sydney Metro is a game changer for Sydney, revolutionising the way we get around our great global city for generations to come.

 

Australia has seen nothing like this new metro system before, so the time is right to take the great work done by the Sydney Metro Delivery Office and transform it into an enduring statutory corporation overseen by an expert decision-making board. The bill will support the delivery of the biggest urban rail infrastructure investment in Australia’s history and allow Sydney to get maximum benefits from what will be one of the world’s great metro rail systems.

 

Sydney Metro is the centrepiece of the New South Wales Government’s vision for Sydney’s future. Since 2015, the Greater Sydney Commission has been leading metropolitan planning for the Greater Sydney region, with a focus on aligning infrastructure decision-making and land use planning, while also promoting the supply of housing and supporting improvement in productivity, livability and environmental quality of our great city. Sydney’s new metro network will deliver the necessary step change in rail infrastructure to deliver our vision for Sydney’s three 30-minute cities.

 

By providing safe, fast, frequent, turn-up-and-go services 24/7, Sydney Metro will make Sydney an easier and quicker place to get around and destinations across the city more accessible. This rapid transport solution will be complemented by a range of other transport solutions and investments underway, as detailed in the Government’s Future Transport Strategy. This strategy recognises that transport is an enabler of economic and social activity and contributes to the long-term economic, social and environmental outcomes of the State. Sydney Metro delivers on every outcome identified in the Future Transport Strategy, including customer focus, successful places, growing the economy, safety and performance, accessible services and sustainability.

 

As noted in the Future Transport Strategy, Sydney Metro is Australia’s first fully automated metro system, using technology that has been in operation on metro railways around the world. Sydney Metro is much more than just a state-of-the-art railway system. It will provide future mass transit, high frequency, high capacity metro passenger services using cutting edge technology. These technological advances will not only change the way services are delivered in future; they will also revolutionise the passenger experience. Customers will not need timetables on Sydney Metro; they will just turn up and go. New world-class metro services will start before we know it. In the first half of next year, services will begin in the north-west. Sydney Metro Northwest will provide eight new stations, with a further five existing stations being upgraded. There will also be an additional 4,000 new commuter car spaces to support the metro system.

 

It will not be long before we see the first metro services delivered in the north-west. Indeed, more than 94 per cent of rail track is already laid and the first of 22 metro trains was delivered last year, and testing is currently being done on commissioning systems including brakes, passenger information displays, and light and door operations. Sydney Metro Northwest will be just the beginning of this world-class metro system. It will be extended from the north-west, under Sydney Harbour, through new underground stations at the central business district [CBD], and beyond to Bankstown in 2024. The first of five mega tunnel boring machines for the Sydney Metro City and Southwest project will be in the ground before the end of the year.

 

In 2024 Sydney will have 31 metro stations and 66 kilometres of new metro rail. Sydney’s new metro trains will run every four minutes at full operational mode in the north-west and there will be an ultimate capacity to run a metro train every two minutes each way under the centre of Sydney with the further extension of metro services to Bankstown by 2024. This is a level of service never before seen in Australia. I am also pleased to confirm that planning is well underway for the Sydney Metro West project, which will provide a new direct underground metro link between Sydney CBD and Parramatta. It will also service key precincts at Olympic Park and the Bays Precinct. Detailed community and industry consultations are currently underway on further station locations for Sydney Metro West.

 

I also recently announced that one of the major milestones for the Sydney Metro City and Southwest project has been achieved with the commencement of the Central Station upgrade works. New metro platforms will be delivered under Central Station as well as the landmark east section of Central Walk, a new underground pedestrian concourse to help customers get around Sydney’s busiest railway station. This is the first step in the renewal of Central Station, creating a new pedestrian gateway to Chalmers Street and better linking the suburban rail network. These will be the biggest improvements to Central Station in decades and will ensure the metro system is fully integrated with other transport modes, including trains, light rail and buses. It will open up the “rabbit warren” that is currently Central Station to provide seamless passenger services for the over 400,000 commuters expected to be using Central Station by 2036.

 

I am pleased to say that safety has always been one of the Government’s key concerns when it comes to the delivery of Sydney Metro. Importantly, Sydney Metro, and its subcontractors, will be subject to the Rail Safety National Law (NSW) and oversight by the National Rail Safety Regulator. Sydney Metro will be required to have a safety management system in place under the Rail Safety National Law (NSW) and will be required to have other management plans including a security management plan and an emergency management plan. In addition, as a public transport agency under the Transport Administration Act 1988, Sydney Metro will be required to exercise its functions in accordance with the objectives and service delivery priorities of the Act as a whole, which include providing safe transport services in accordance with an appropriate safety regulatory framework.

 

Further to this, one of Sydney Metro’s express objectives will be to deliver safe and reliable metro passenger services. Sydney Metro will also be subject to directions issued by Transport for NSW and the Minister. These directions are an important means by which transport agencies are required to align with Transport for NSW policies. The fact that Sydney Metro is using the most cutting-edge technology is a further demonstration of our commitment to safety. Metro technology that is being used in Australia for the first time includes platform screen doors, barriers, and doors which keep people and objects like prams away from tracks and allow trains to get in and out of stations much faster whilst also providing the maximum safety for passengers.

 

Sydney Metro will be Australia’s first fully-automated rail system. Expert rail controllers will monitor the entire system from a brand new operations centre. Each train will have 38 security cameras inside, including on the front and back of the trains. Inside the train, you will be able to see from one end to the other, which provides a significant security benefit. The state-of-the-art signalling and communications systems will control the trains, the tunnels, the tracks, the platforms, the platform screen doors and the skytrain to ensure we deliver a safe and reliable journey to our customers. All these systems will be talking to each other and controlled by the expert train controllers back in the operations centre.

 

We need to focus on more than just the first day of operations of Sydney Metro. We want great outcomes for all of Sydney for generations to come from this $20 billion-plus investment. The Sydney Metro Board will have skills and experience relevant to the administration of Sydney Metro, to maximise Government’s already significant investment in the metro and future growth. The proposed role and composition of the board is intended to attract and leverage appropriate local and global expertise to assist the business in exercising its functions. Establishing the Sydney Metro as a dedicated statutory corporation is a demonstration of this Government’s commitment to delivering world-class, customer centred transport services to meet the needs of the community, both now and into the future.

 

Importantly, Sydney Metro will be owned by the New South Wales Government and will be part of the Government’s transport cluster, operating as a transport agency similar to Sydney Trains, NSW Trains, and Roads and Maritime Services. This means the Sydney Metro Delivery Office, which has been working successfully as part of Transport for NSW since 2011, will be transitioned into the new corporation. The Government announced in 2014 that passenger services on the Metro Northwest system will be operated by the private sector under a public-private partnership. It is intended that Sydney Metro fares will be set and controlled by the New South Wales Government in the same way as the rest of the public transport fares are set. Importantly, to ensure full integration with the current transport network, the Opal card ticketing system will apply to Sydney Metro.

 

Sydney Metro will also have an important role to play in relation to “place making” in the precincts that will be serviced by the Metro. In order to ensure transport and land use planning are truly integrated, and to enable Sydney Metro to play an effective place-making role, Sydney Metro will be empowered to assist planning and transport authorities in preparing strategic plans for the revitalisation of land in the locality of Sydney Metro. Sydney Metro will provide the catalyst for the revitalisation of vibrant and active local communities. Sydney Metro will be tasked with working across Government to lead the delivery of a world-class metro system focused on customers and great local places driving the State’s economic growth well into the future.

 

Turning to the bill, schedule 1 amends the Transport Administration Act 1988 to establish Sydney Metro as a standalone statutory corporation, which is a New South Wales Government agency—I reiterate that it is a New South Wales Government agency. Clause 38A of the bill sets out the principal objectives of Sydney Metro being the delivery of safe and reliable metro passenger services in an efficient, effective and financially responsible manner and to facilitate and carry out the orderly and efficient revitalisation of land in the locality of metro stations, depots and stabling yards. Under clause 38B of the bill, Sydney Metro will be enabled to design, construct, develop and operate metro passenger services. It will also be expressly authorised to assist relevant planning and transport authorities in preparing strategic and other plans for the revitalisation of precincts in the locality of the metro. This will ensure truly integrated transport and land use planning at the local level.

 

The bill further contains provisions to assist Sydney Metro with its place-making functions. Sydney Metro will be authorised to carry out, finance, manage and otherwise participate in residential, retail, commercial, industrial, mixed-use development, community, open space and recreational facilities on land in the locality of metro stations, depots and stabling yards. This will ensure the Sydney metro system is fully integrated into, and forms part of, local communities, providing maximum opportunities for people to work, rest and play close to home, in line with the three cities concept set out in the Greater Sydney Commission’s Greater Sydney Region Plan.

 

The bill also contains provisions to ensure Sydney Metro remains under the control of government in future. Clause 38B (3) ensures that whilst Sydney Metro can acquire, build and dispose of metro assets, the metro system itself cannot be disposed of by Sydney Metro. This is evidence of this Government’s commitment to ensuring the benefits of the Sydney Metro system remain available for future generations. Sydney Metro will be subject to the requirements for closure and disposal of railway lines under section 99A of the Transport Administration Act 1988.

 

Where land is required in order to build Sydney Metro and its associated transport infrastructure, it may be necessary for Sydney Metro to acquire privately owned land.

 

As with all major infrastructure projects, compulsory acquisition remains a necessary part of development. Appropriately, Sydney Metro will have the same compulsory acquisition powers as Transport for NSW in relation to the transport infrastructure component of the metro. This means that Sydney Metro may, for the purposes of exercising its curtained Transport related functions, acquire land by compulsory process in accordance with the Land Acquisition (Just Terms Compensation) Act 1991.

 

I remind the House that this Government made important changes to the property acquisition process in 2016 following reviews undertaken by David Russell, QC, and the then Customer Service Commissioner Michael Pratt, AM. Our Government has implemented 17 of the 20 review recommendations, including the establishment of the Centre for Property Acquisition. The centre provides guidance, training and communications materials to ensure acquiring authorities treat residents affected by property acquisition with respect and empathy throughout the process. This means ensuring residents have access to an appropriately trained point of contact, usually a personal manager, to guide them through the acquisition process providing greater transparency by ensuring communication is clear and provided in a timely manner, and managing all acquisition data through the whole-of-government database acquisition hub.

 

Sydney Metro will continue to act in accordance with the new whole-of-government acquisition standards developed by the Department of Finance, Services and Innovation and the supporting guidelines and procedures developed by the Centre for Property Acquisition. Clause 38D of the bill authorises Sydney Metro to additionally acquire land by agreement with owners in the locality of a metro station, depot or stabling yard where it is needed for the purposes of carrying out, financing, managing or otherwise participating in residential, retail, commercial, industrial, mixed use development, community, public open space or recreational purposes.

 

An organisation charged with end to end responsibility for the development and ongoing operation of Sydney’s metro system into the future needs to have best practice governance arrangements in place. That is why clause 38F of the bill provides for the establishment of an expertise-based board to oversee Sydney Metro’s functions. Clause 38G provides that the board will be specifically responsible for determining Sydney Metro’s policies and ensuring that the organisation performs its functions properly and efficiently. The bill includes appropriate governance arrangements for the constitution and procedures of the Sydney Metro Board. These will be set out in schedule 2B of the Transport Administration Act 1988.

 

Consistent with best practice governance arrangements, board directors will be required to make pecuniary interest disclosures so that any conflicts of interest can be appropriately managed. Under clause 381 of the bill, the chief executive will be responsible for the day to day management of Sydney Metro, subject to the policies and directions of the board. Importantly, as part of its governance arrangements, Sydney Metro will be required to prepare annual corporate plans. Appropriately, clause 38L of the bill requires these plans to include specific targets and criteria for the purpose of assessing Sydney Metro’s performance over time.

 

To ensure the community has an opportunity to have its say, draft corporate plans will be subject to public consultation. Clause 38L requires Sydney Metro to take account of any public submissions made in response to a draft before it is finalised. Once adopted, Sydney Metro will be required to exercise its functions in accordance with its corporate plan. Importantly, the Sydney Metro Board will also be able to set up advisory committees to help inform its decision-making.

 

Finally, schedule 2 of the bill makes consequential amendments to other Acts that are necessary to support the establishment of Sydney Metro. There are amendments to the Public Finance and Audit Act 1983 to ensure Sydney Metro is required to prepare financial reports in accordance with that Act and be subject to annual audit by the Auditor-General. This is one of the key accountability mechanisms applying to statutory authorities. As with any other public authority, Sydney Metro will be subject to the Government Information (Public Access) Act 2009 and the Privacy and Personal Information Protection Act 1998.

 

Let there be no doubt, Sydney Metro will be a game changer for Sydney. It will not only transform the way we travel around this great global city, it will also change the way we work, live and play by providing truly integrated, world-class transport to vibrant and active communities. It is time to look to the future and to realise Sydney Metro’s true potential to help manage Sydney’s growth moving forward. I commend the bill to the House.

 

Debate adjourned.

SOURCE:

https://www.parliament.nsw.gov.au/Hansard/Pages/HansardResult.aspx#/docid/’HANSARD-1323879322-101280

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TURNBULL GOVERNMENT commences “consultation” to clamp down on Black Money cash payments

 

Image result for PHOTOS MONEY LAUNDERING

 

ALL that is needed is for the TURNBULL GOVERNMENT to immediately enforce the second tranche of the Anti-Money Laundering Legislation for the REAL ESTATE SECTOR … shelved now for more than a decade!!

ABSOLUTELY NO NEED for consultation for more than 12 months!  More smoke and mirrors …

The government is obviously using delay tactics of “Consultation” for the introduction of the Multinational Anti-Avoidance Law (MAAL), The Diverted Profits Tax, and Country-by-Country reporting.

With a cash payment limit of $10,000 ….

 

 

MONEY LAUNDERING IN AUSTRALIAN REAL ESTATE …

THIS is how it’s done …  “Another person au fait with Chinese property transactions in Australia told Fairfax Media it was simple for Chinese investors to get around the foreign capital restrictions.

“The money never really moves. In a simple example, Kunlun is a forex trading and money exchange company. It has bank accounts in many countries with significant cash balances. So if someone wants $40 million in Australia they put the money in a Kunlun China account and Kunlun transfers the money from their Australian accounts to the person’s friend’s Australian account.”

 

Source:  https://www.smh.com.au/business/wall-of-chinese-capital-buying-up-australian-properties-20150628-ghztdf.html

AND …

Carrie Law CEO of Shanghai based JUWAI with Elysse Morgan “The Business”

“There are news in Asia world a few days ago you can still enter into money exchange store for remitting up to 10,000 RNB to Hong Kong without checking your ID, and you can do it multiple times, so on and so forth, and this is actually legitimate channels for, you know, remitting money that way.”

View for more: http://www.abc.net.au/news/programs/the-business/2017-09-01/carrie-law-speaks-to-the-business/8865444

WITH more than 12 months to run before its introduction in July 2019 how much more

BLACK MONEY will be laundered in Australian Real Estate??

 

25 May 2018

Government commences consultation to clamp down on large cash payments

The Turnbull Government is committed to tackling the black economy and has today issued a consultation paper inviting comment on its Budget announcement to introduce an economy-wide cash payment limit of $10,000.

The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP said the cash payment limit is one of many measures announced in the Federal Budget to ensure that Australians receive a fair go and that illegal black economy behaviour is stopped in its tracks.

These measures build on the Turnbull Government’s strong action to combat multinational tax avoidance, including through the introduction of the Multinational Anti-Avoidance Law (MAAL), the Diverted Profits Tax, and Country-by-Country reporting.

The Multinational Anti-Avoidance Law alone has seen additional sales of $7 billion each and every year returned to Australia and hundreds of millions of dollars of additional GST revenue being paid. It has also seen social media giant Facebook, as well as more than 40 other multinational entities restructure their arrangements to comply with the MAAL.

It is proposed that the cash payment limit will apply to payments made to businesses for goods and services from 1 July 2019 and that transactions in excess of $10,000 will need to be made using electronic payments systems or by cheque.

“The economy-wide cash payment limit will help stamp out opportunities for criminals to launder the proceeds of crime into goods and services and will make it harder for businesses to hide transactions to reduce their tax liabilities,” Minister O’Dwyer said.

“The Black Economy Taskforce found significant risks to legitimate commercial behaviour can result from large, undocumented cash payments being made for cars, yachts and other luxury goods, agricultural crops, houses, building renovations and commodities.”

“We also know that businesses that insist on cash payment may be doing so to avoid their tax, retain welfare payments, or avoid child support and other obligations, and may therefore receive an unfair competitive advantage over those businesses that do the right thing.”

Minister O’Dwyer said the consultation is about striking the right balance between cracking down on black economy participants and ensuring that businesses doing the right thing are not unduly burdened by increased red tape.

The Government welcomes stakeholder views on the design and implementation of this measure. The consultation paper is available on the Treasury website and submissions close 24 June 2018.

The consultation builds on recommendations made by the Black Economy Taskforce in their final report to Government. The Final Report and the Government’s response are available on the Treasury website.

SOURCE:   http://kmo.ministers.treasury.gov.au/media-release/058-2018/

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A QUANGO LIKE THE GREATER SYDNEY COMMISSION – now for the METRO!

 

A QUANGO LIKE THE GREATER SYDNEY COMMISSION – now for the METRO!

RE “THE TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018”

PART 2

A QUANGO …

An unelected body with power over our lives – that can also apparently compulsory acquire our homes ….

The Government can then wash their hands of such actions and claim the ‘board’ did it – not their fault.

QUANGO – unelected bodies with power over our lives – a semi-public advisory and administrative body supported by the government and having most of its members appointed by the government – A quasi-autonomous non-governmental organisation – an arms-length body funded by government departments but not run by them.

They are given power and paid for by government departments and government legislation.

QU=QUasy A=Autonomus N=Non G=Government O=Organization.
The legislation allows them to appoint a ‘board’

The ‘board’ will be calling the shots – an unelected board.

Our money, our communities, our suburbs, our lives … in a pipeline

likely to their mates.

How ‘effing dare they ……

Dr Mehreen Faruqi MLC, said:

“This bill gives open slather to the Government to forcibly acquire people’s homes for property development. This is not value capture, this is highway robbery”

READ MORE FROM PART 1:

https://www.facebook.com/744190798994541/photos/a.761955963884691.1073741833.744190798994541/1744419545638323/?type=3

IMPORTANT! The legislation has had its first reading in the Upper House – and will need to pass before it becomes law….

DEMAND an answer from your MP!

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THE DEVELOPERS WILL JUST KEEP COMING AND COMING LIKE ARMIES OF ORKS … WITH THE TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018 …

 

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THE DEVELOPERS WILL JUST KEEP COMING AND COMING LIKE ARMIES OF ORKS … WITH THE TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018 …

PART 1

The legislation has had its first reading in the Upper House – and will need to pass before it becomes law.

Copied below what appear to be the most horrid parts (acquisition, Board of Directors etc) from the Minister’s speech to the Upper House.

The link is a direct link to the Hansard full speech.

It will no doubt be ‘jobs for the mates’ and/or government/developer/policically friendly stacked.

The very last bit ‘draft corporate plans will be subject to public consultation’ is laughable.

They know full well that they must ‘take account of any public submissions’ but they don’t have to change it, they simply have to ‘consider’ our views ……

“The developers just keep coming. And coming. And coming.
Like armies of Orks marching out of Mt Doom and destroying everything and everyone in their path.”

What can you do when the Developer, the culprit, is our very own State Government?

What can you do when the State sets up a Quango as a Development Corporation to ravage our suburbs?

A quasi-autonomous non-governmental organisation – an arms-length body funded by government departments but not run by them. They are given power and paid for by government departments and government legislation.

READ THE ‘WEASEL WORDS’ AND DEMAND AN ANSWER FROM MINISTER CONSTANCE AND YOUR LOCAL STATE MP AS TO WHY THEY VOTED FOR THE LEGISLATION!!

They voted for it! The LNP at their very worst ……

TRANSPORT ADMINISTRATION AMENDMENT (SYDNEY METRO) BILL 2018

https://www.parliament.nsw.gov.au/Hansard/Pages/HansardResult.aspx#/docid/’HANSARD-1323879322-101280

“Turning to the bill, schedule 1 amends the Transport Administration Act 1988 to establish Sydney Metro as a standalone statutory corporation, which is a New South Wales Government agency—I reiterate that it is a New South Wales Government agency.

Clause 38A of the bill sets out the principal objectives of Sydney Metro being the delivery of safe and reliable metro passenger services in an efficient, effective and financially responsible manner and to facilitate and carry out the orderly and efficient revitalisation of land in the locality of metro stations, depots and stabling yards. Under clause 38B of the bill, Sydney Metro will be enabled to design, construct, develop and operate metro passenger services.

It will also be expressly authorised to assist relevant planning and transport authorities in preparing strategic and other plans for the revitalisation of precincts in the locality of the metro.”

“Sydney Metro will be authorised to carry out, finance, manage and otherwise participate in residential, retail, commercial, industrial, mixed-use development, community, open space and recreational facilities on land in the locality of metro stations, depots and stabling yards. This will ensure the Sydney metro system is fully integrated into, and forms part of, local communities, providing maximum opportunities for people to work, rest and play close to home,..”

“The bill also contains provisions to ensure Sydney Metro remains under the control of government in future. Clause 38B (3) ensures that whilst Sydney Metro can acquire, build and dispose of metro assets,”

“Sydney Metro will continue to act in accordance with the new whole-of-government acquisition standards developed by the Department of Finance, Services and Innovation and the supporting guidelines and procedures developed by the Centre for Property Acquisition.

Clause 38D of the bill authorises Sydney Metro to additionally acquire land by agreement with owners in the locality of a metro station, depot or stabling yard where it is needed for the purposes of carrying out, financing, managing or otherwise participating in residential, retail, commercial, industrial, mixed use development, …….”

“Where land is required in order to build Sydney Metro and its associated transport infrastructure, it may be necessary for Sydney Metro to acquire privately owned land.”

As with all major infrastructure projects, compulsory acquisition remains a necessary part of development. Appropriately, Sydney Metro will have the same compulsory acquisition powers as Transport for NSW in relation to the transport infrastructure component of the metro. This means that Sydney Metro may, for the purposes of exercising its curtained Transport related functions, acquire land by compulsory process in accordance with the Land Acquisition (Just Terms Compensation) Act 1991.”

“Clause 38G provides that the board will be specifically responsible for determining Sydney Metro’s policies and ensuring that the organisation performs its functions properly and efficiently. The bill includes appropriate governance arrangements for the constitution and procedures of the Sydney Metro Board. These will be set out in schedule 2B of the Transport Administration Act 1988.
Consistent with best practice governance arrangements, board directors will be required to make pecuniary interest disclosures so that any conflicts of interest can be appropriately managed.”

“To ensure the community has an opportunity to have its say, draft corporate plans will be subject to public consultation. Clause 38L requires Sydney Metro to take account of any public submissions made in response to a draft before it is finalised. Once adopted, Sydney Metro will be required to exercise its functions in accordance with its corporate plan. Importantly, the Sydney Metro Board will also be able to set up advisory committees to help inform its decision-making.”

SOURCE:   https://www.parliament.nsw.gov.au/Hansard/Pages/HansardResult.aspx#/docid/’HANSARD-1323879322-101280

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Downsizing decisions: Which type of home is best for low-maintenance living?

THE PUSH continues for older people to downsize and it is total B.S.

WHAT “the push” is about is opening up another market for developers to redevelop housing estates lived in by older residents …  to flog off 100 per cent overseas.

BEFORE “Selling Out” to downsize ensure that there is a market of suitable dwellings available for sale on the local Australian market!

YOU don’t want to be forced into buying an unsuitable property!  Or just anything!

THE MEDIUM DENSITY HOUSING CODE is being promoted for its suitability for Seniors however the developer can maximise profits with rows of terraces, townhouses and duplex … of 2 or 3 storeys …

THE “agent speak” here is of the competition for downsizing between cashed-up Seniors and First Home Buyers … however, in reality the buyer competition is from overseas.

REFER to these articles in “Downsizing” Category in CAAN WEBSITE:

-DOWNSIZING & MORE ABOUT THE PROHIBITIVE COSTS OF DOWNSIZING BESIDES STAMP DUTY!

-HOW TO ENCOURAGE SENIORS TO DOWNSIZE …

 

Downsizing decisions: Which type of home is best for low-maintenance living?

Membership of Political Parties in NSW: 2014 – 2017

 

Image result for PROTEST OUTSIDE NSW PARLIAMENT HOUSE

STEPHEN MURRAY

Membership of Political Parties in NSW 2014 – 2017:

https://boilermakerbill.wordpress.com/2017/11/23/membership-of-political-parties-in-nsw-2014-2017/

 

As part of the electoral disclosure regime in NSW, registered political parties are required to disclose funds raised from membership fees and subscriptions.

CHRISTIAN DEMOCRATIC PARTY (Fred Nile Group)

2016-17 – 1283

(Full members 544; Concessional memberships 727; Youth memberships 12)

SHOOTERS, FISHERS AND FARMERS PARTY

2016-17 – 869

(“New” Ordinary members 219; “Old” Ordinary members: 317; Concessional memberships: 333)

LIBERAL PARTY (NSW Division)

2016-17 – 9579

(Basic memberships: 5333; Concessional memberships: 2031; Gold memberships: 326; Junior memberships: 67; Party Patron memberships: 60; Platinum memberships: 231; Secondary branch memberships: 19; Young Liberals membership: 1512).

NATIONAL PARTY (NSW Division)

2016-17 – 4058

(990 Ordinary single members; 1801 members as ordinary member couples; 541 pensioner/retiree single members; 470 pensioner/retiree couples; 16 sponsor singles; 43 sponsor couples; 163 Young Nationals concessional memberships; and 34 various/ad hoc memberships.)

 

 

SOURCE:  https://boilermakerbill.wordpress.com/2017/11/23/membership-of-political-parties-in-nsw-2014-2017/

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NSW LIBERAL PARTY Membership numbers

 

NSW Premier Gladys Berejiklian

 

NSW LIBERAL PARTY Membership numbers

MOST will have no idea on the numbers involved.

NSW has approx. 9,579 Liberal Party members:

-made up in part by 5,333 Basic memberships

-2,031 Concessional memberships

-and 1,512 Young Liberals

Yes, you read that correctly; NINE THOUSAND, FIVE HUNDRED AND SEVENTY NINE!
(nine thousand, five hundred and seventy nine = 0.12% of NSW Population of 7.895 million)

With an estimated population of 7.895 million in NSW – why on earth do NSW citizens allow a minority group to play LEGO with our homes and our lives … ??

ON our calculations, that amounts to a Liberal membership of:  0.12% of NSW population.

All those dodgy legislations that are causing us grief – who is to blame? The sale of our assets, the feeding frenzy for developers …

NSW Population Source ABS:

http://www.abs.gov.au/ausstats/abs%40.nsf/mediareleasesbyCatalogue/CA1999BAEAA1A86ACA25765100098A47?OpenDocument

Membership of Political Parties in NSW 2014 – 2017:

https://boilermakerbill.wordpress.com/2017/11/23/membership-of-political-parties-in-nsw-2014-2017/

AUTHOR:   Stephen Murray

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WHAT could be more divisive for Sydney than the Medium-Density Code for more of its Housing Supply that cannot meet the foreign demand?

Rob Stokes On “Sexist” Handshake Policy

ON the surface it may appear that former Planning Minister Stokes makes some valid points … however, if one digs a little deeper …

WHY is Roberts continuing to publicly champion the code … afterall what were those 53 meetings with developer groups from January to September 2017 about?  If not the low-rise Medium Density Housing Code?

CONTRARY to Mr Stokes what is depriving young Australian First Home Buyers from entering the housing market is the FIRB Ruling and the Budget Reg of May 2017 that allows developers to market Australian housing to foreign buyers particularly in China.

THIS REGULATION allows developers to continue to market overseas 100% of new developments of 49 dwellings or less.

SO how can it be alleged the Medium Density Housing Code is creating affordable housing for a whole Cohort of Australian First Home Buyers?

TO date much of the townhouse, duplex and terrace development is priced above that of a detached home on a full block of land!

 

Failing on medium-density housing will lead to a divided Sydney: Stokes

Failing to create more medium-density housing throughout Sydney’s suburbs will inevitably lead to a more divided city, the Education Minister and former planning minister, Rob Stokes, says.

Mr Stokes delivered a rousing defence of the state’s controversial “missing middle” housing policy this week, even as the government continues to grant exceptions from the code to different councils.

Mr Stokes’ successor as Planning Minister, Anthony Roberts, also continues to publicly champion the code, which makes it easier for residents to subdivide suburban lots into terraces or so-called manor homes.

The former NSW planning minister, and current education minister, Rob Stokes, has championed more terrace housing across Sydney's suburbs.
The former NSW planning minister, and current education minister, Rob Stokes, has championed more terrace housing across Sydney’s suburbs.Photo: Anthony Johnson

But Mr Roberts this month started to grant councils temporary exceptions from the policy. Some councils have said they needed more time to determine areas in which the policy should apply.

In a speech to Parliament on Wednesday night, Mr Stokes used the example of a retired Mona Vale couple who wanted to turn their large suburban lot into two or three terraces.

Current planning law prevented them from doing this, Mr Stokes said, even though it potentially allowed the couple to turn their block into apartments, which they did not want to do.

“Old, rigid, bureaucratic” zoning laws threatened to “lock older people into homes that do not meet their needs, and deprive young people of the opportunity to purchase a home at all,” Mr Stokes said.

“Without meeting the need for lower density attached housing, we will inevitably create a city that is divided, spatially and socially, between those with land, and those without; those with resources and those without; those with access to private open space and those without,” said the Pittwater MP, who pushed for the medium-density policy in his time as planning minister.

“The city I envisage is a just city, with opportunities for all sorts of housing to cater for all sorts of families in all sorts of areas –not a two-tone city split between unit towers and endless sprawl,” he said.

Without a diversity of housing, the Pittwater MP said, parts of the northern beaches were at risk of being “less inclusive, locking out younger families, and in danger of becoming Australia’s version of the retirement estates of Florida”.

Northern Beaches Council is one of those that have been granted a reprieve from the medium-density housing code. The council’s mayor, Michael Regan, has said he supports more townhouse-style housing, but needed another year to determine where it should be.

Some planners and developers reacted with alarm to Mr Roberts’ suspension of the medium-density code.

The NSW president of the Planning Institute of Australia, Jenny Rudolph, said the government should not link community opposition to high-rise apartment growth “with the growing need for more modest medium-density housing – especially terraces and dual occupancies”.

A spokesman for Mr Roberts said the Planning Minister was thrilled Mr Stokes was publicly supporting the policy.

The Mayor of Ryde, Jerome Laxale, was a particularly forceful opponent on the medium-density housing code. Mr Roberts granted Ryde an exemption from the code and also suspended the consideration of new planning proposals in the area.

Cr Laxale said the government should also suspend development zones in North Ryde, Macquarie Park and Epping.

As planning minister, Mr Stokes considered applying the medium density housing code across all areas in Sydney. But the policy adopted under Mr Roberts applies the code only in areas in which medium-density housing is allowed by council rules.

SOURCE:  https://www.smh.com.au/national/nsw/failing-on-medium-density-housing-will-lead-to-a-divided-sydney-stokes-20180525-p4zhkn.html

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