Next | Previous

Objectives

The Office of Asset Management manages land and property assets to optimise the benefits to the Canberra community consistent with the desired outcomes of Government and the principles of sustainable development.

The Office is responsible for the Government’s Asset Management Strategy, government owned and leased office accommodation, surplus assets, land development and release, joint ventures, the Gungahlin Development Authority, the Interim Kingston Foreshore Development Authority and the home loan portfolio.

1999-2000 Highlights

Strategic and operational highlights to be pursued in 1999-2000 include:

• implementing and operating a land development account;
• developing a reserve pricing system to recognise land development costs and to achieve an appropriate return on Territory land assets;
• coordinating government interests in major property developments in the Territory;
• implementing surplus asset strategies and managing surplus properties;
• developing a land sales program;
• managing property management contracts;
• implementing the Government’s preferred development plan for the Kingston Foreshore; and
• managing the home loan portfolio management contract.