Chapter Three - People > Annual Report on the Administration and Operation of the Defence Force (Home Loans Assistance) Act 1990 > page 2 of 2
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Annual Report on the Administration and Operation of the Defence Force (Home Loans Assistance) Act 1990

Performance Evaluation of the Administration of the Scheme

Defence is satisfied with the Defence Housing Authority's administration of the scheme. During the reporting period, there was one unsuccessful appeal lodged with the Administrative Appeals Tribunal against a decision made by the delegate.

The National Australia Bank has met its obligations to the Commonwealth under the Act and has provided effective support to the scheme. The National Australia Bank and the Defence Housing Authority continue in their efforts to streamline the administration process of obtaining the subsidy.

Table 3.41 Applications for Payment of Subsidy by Type of Assistance (1)
Activity 2000-01 2001-02 2002-03 2003-04 2004-05
Buy a home 1,332 1,042 953 845 744
Re-finance a loan 350 321 356 365 366
Enlarge a home 8 11 4 5 2
Build a home 139 220 186 160 156
Renovate a home 34 54 45 53 33
Total 1,863 1,648 1,544 1,428 1,301

Note

  1. The figures are taken from the subsidy applications.
Table 3.42 Comparison of Activities
Activity 2000-01 2001-02 2002-03 2003-04 2004-05
Applications for entitlement certificate received 2,959 2,451 2,271 2,095 1,913
Entitlement certificate issued (1) 2,829 2,342 2,186 2,032 1,855
Applications for entitlement certificate declined/withdrawn 130 109 85 63 58
Applications for payments of subsidy received 1,863 1,648 1,544 1,428 1,301
Applications for payments of subsidy approved 1,845 1,634 1,520 1,398 1,286
Applications for subsidy declined/withdrawn 18 14 24 30 15
Amount of Commonwealth subsidy paid $6.614m $6.453m $7.442m $8.269m $9.289m
Number of subsidy payees as at 30 June 5,051 5,816 6,195 6,481 6,683

Note

  1. Entitlement certificates are valid for 12 months.

Operational Costs

Defence paid an annual management fee of $513,013 (including GST) in 2004-05 to the Defence Housing Authority. The Authority was also paid a fee in respect of each application for entitlement certificates lodged. These fees totalled $150,984 (including GST).
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