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Question and Answer Tracking Details

3289 - LEASE OF KINGSFORD SMITH AIRPORT

Hoenig, Ron to the Minister for Finance, Services and Property
  1. Considering that, Sydney Airport Corporation, the lessee of Sydney's Kingsford Smith Airport, in accordance with clause 26.2 of its lease agreement, is required to promptly pay to the Government amounts equivalent to a land tax for respective parts of the Airport site which are subleased, or which are trading and financial operations undertaken including but not limited to outlets and concessions, carparks and valet carparks, golf courses and turf farms, unless those areas are occupied by the Commonwealth, how much ex gratia payment in lieu of land tax has been received by the Government since the execution of the lease?
  2. Have all areas where such an ex gratia payment is required to be made have been identified by the Government?
Answer -
  1. The lease provisions cited require the Lessee to make payments in lieu of land tax to the Commonwealth Government.
  2. Under the lease provisions cited, the Lessee is required to submit an assessment of the payment in lieu of land tax to the Commonwealth Government

Question asked on 2 June 2016 (session 56-1) and printed in Questions & Answers Paper No. 72
Answer received on 7 July 2016 and printed in Questions & Answers Paper No. 76