QUESTIONS ON NOTICE › Australian Securities and Investments Commission: Accommodation (Question No. 1008)
Senator Wong: The Treasurer has provided the following answer to the honourable senator's question: (1) The street address of all premises occupied by ASIC are as follows: Level 5 100 Market Street Sydney NSW 2000 Level 9 77 Castlereagh Street Sydney NSW 2000 Level 24 120 Collins Street Melbourne VIC 3000 14 Grey Street Traralgon VIC 3844 Unit 17 29-31 Eastern Road Traralgon Vic 3844 Level 20 Commonwealth Bank Building 240 Queen Street Brisbane QLD 4000 Level 3 66 St Georges Terrace Perth WA 6000 Level 8 Paragon Centre 160 St Georges Terrace Perth WA 6000 Level 8 100 Pirie Street Adelaide SA 5000 Level 5 15 London Circuit Canberra ACT 2600 Level 2 Telstra Centre 70 Collins Street Hobart TAS 7000 Level 7 TIO Centre 24 Mitchell Street Darwin NT 0800 (2) Each of the above premises are (b) rented. (3) The actual amount of space occupied by ASIC at each of its premises is listed in the table below: City Address Square Meters Sydney 100 Market Street 18,475 77 Castlereagh Street 2,440 Melbourne 120 Collins Street 9,742 Traralgon 14 Grey Street 6,940 29 Eastern Road 189 Brisbane 240 Queen Street 3,407 Perth 66 St Georges Terrace 2,314 160 St Georges Terrace 601 Adelaide 100 Pirie Street 1,553 Canberra 15 London Circuit 1,179 Hobart 70 Collins Street 839 Darwin 24 Mitchell Street 164 (4) The actual amount of space occupied, or allocated to, the Commonwealth Government of which ASIC manages the leases is set out in the table below: City Address Square Meters Allocated To Sydney 60 Margaret Street 448 Corporations & Markets Advisory Committee and, Company Auditors & Liquidators Disciplinary Board Melbourne 31 Queen Street 963 Superannuation Complaints Tribunal (5) ASIC does not own any of the above premises. (6) The current lease terms for ASIC's premises are listed below. All amounts are GST exclusive. City Address (a) Date lease entered (b) current expiry date of lease (c) Further options available (d) rental amount payable per M2 on an annual basis (e) Total rental amount payable for the premises on an annual basis Sydney 100 Market St 01/04/2010 30/03/2020 2 x 5 years $700 $12,931,443 77 Castlereagh St 01/06/2010 31/05/2012 Nil $597 $1,457,328 Melbourne 120 Collins St 01/10/2006 31/10/2016 5 years $444 $4,328,464 Traralgon 14 Grey St 01/09/2005 31/08/2018 Nil $369 $2,563,007 29 Eastern Rd 01/09/09 31/08/2012 2 x 3 years $90 $16,995 Brisbane 240 Queen St 01/04/2011 31/03/2021 2 x 5 years $680 $2,316,516 Perth 66 St Georges Tce* 01/07/2006 30/06/2012 Nil $269 $621,829 160 St Georges Tce 01/05/2008 30/04/2013 Nil $577 $346,850 Adelaide 100 Pirie St 01/08/2008 31/07/2018 Nil $364 $565,924 Canberra 15 London Circuit** 01/04/2007 31/03/2012 Nil $379 $446,618 Hobart 70 Collins St 01/12/2009 30/11/2019 2 x 4 years $252 $211,030 Darwin 24 Mitchell St 01/01/07 31/12/2016 5 years $439 $71,932 * Currently finalising lease extension of 3 years ** Currently finalising a new tenancy in Canberra (7) The next rental review is due in the following locations on the corresponding date: City Address Rental Review Basis for Review Sydney 100 Market Street 01/04/2012 4.5% 77 Castlereagh Street n/a Lease ends May 2012 – will not be renewed. Melbourne 120 Collins Street 01/11/2011 3.5% Traralgon 14 Grey Street 01/09/2011 4% 29 Eastern Road 31/08/2011 Higher of fixed 3% and CPI Brisbane 240 Queen Street 01/04/2011 3.75% Perth 66 St Georges Terrace n/a As noted in (6) above, currently finalising 3 year lease extension. 160 St Georges Terrace 01/05/2012 Review to market Adelaide 100 Pirie Street 01/08/2012 4% Canberra 15 London Circuit n/a As noted in (6) above, currently finalising a new tenancy in preparation for the end of lease in March 2012. Hobart 70 Collins Street 01/12/2011 Increased by the greater of 3% and CPI Darwin 24 Mitchell Street 01/01/2013 Review to market