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Fed Govt leases five-star green tower in North Sydney for ASIO, as its funding rises to $447m/yr

Posted by gmarkets on 27 September, 2007

The Federal Government has leased a major slice of Mirvac’s 101 Miller Street tower in North Sydney, space understood to be earmarked for the Australian Security Intelligence Organisation, wrote Robert Harley in The Australian Financial Review (27/9/2007, p.61).

Not-so-secret agency: Mirvac announced that the government had commit­ted to take more than 7000 square metres of office space in the building starting next August. Mirvac did not disclose which federal instrumentality would take the space but three months ago The Australian Financial Review fore­shadowed a move by ASIO. At the time, an ASIO spokesperson stressed that while its national headquarters in Canberra was well known, “all our state offices are undeclared office buildings”.

Huge increase in funding: The building’s amenities would also be upgraded, as would building services, where Mirvac was aiming to achieve a five-star Australian Building Greenhouse Rating for energy. One North Shore leasing agent said ASIO was attracted to 101 Mil­ler Street “because it gives them their own separate lift bank”, allow­ing better security. Federal budget papers revealed that overall Commonwealth appropri­ations for ASIO rose from $340.6 million in the 2005-06 financial year to $447 million in 2007-08, up from $52 million in the first years of the Howard Government and $62.9 mil­lion in the financial year preceding the 11 September 2001 attacks in the United States.

The Australian Financial Review, 27/9/2007, p. 61

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