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All for Nothing? Accounting for Land under Roads by Australian Local Governments

- Elhawary, Hassan, West, Brian

Authors: Elhawary, Hassan , West, Brian
Date: 2015
Type: Text , Journal article
Relation: Australian Accounting Review Vol. 25, no. 1 (2015), p. 38-44
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Description: Accounting for land under roads by local governments has been one of the most controversial and protracted episodes in the setting of Australian accounting standards. However, after more than two decades of exposure drafts, regulation, transitional provisions and re-regulation, most land under roads has not been recognised in local government balance sheets. Australian Accounting Standard AAS 27 Financial Reporting by Local Governments was first issued in 1991 and, among other significant reforms, proposed that local governments report land under roads as an asset in their financial reports. However, persistent opposition to this requirement and practical difficulties associated with its implementation gave rise to a succession of transitional provisions deferring its mandatory application. Finally, in 2007 - 16 years after AAS 27 was first promulgated - the Australian Accounting Standards Board (AASB) sought to bring closure to this issue with the release of AASB 1051 Land Under Roads. However, in the interim some state governments had pursued their own resolutions, forbidding the recognition of land under roads. This research reports the results of a survey of the impact of land under roads on local government financial reports. After two decades of debate and regulation, diversity is found to persist in the extent and manner of recognition of this 'asset'. However, recognition remains the exception rather than the norm and is typically confined to recent acquisitions that comprise only a very small portion of total assets. These circumstances are suggestive of an episode of regulatory failure. © 2015 CPA Australia.

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Dead ends : the vanishing of Marilyn Wallman

- Morrissey, Belinda, Davis, Kristen

Authors: Morrissey, Belinda , Davis, Kristen
Date: 2021
Type: Text , Book chapter
Relation: Crossroads of Rural Crime: Representations and Realities of Transgression in the Australian Countryside Chapter 7 p. 95-107
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Description: This paper documents the case of a young girl who went missing from a country track in 1972. It considers the function of roads in her disappearance, and the importance and terror of roads generally in Australia. For roads have a role in Australia that is vastly different to smaller, more populous nations. Roads in Australia are absolutely crucial to the maintenance and sustenance of society. So too are the cars and other vehicles we use upon them, but they are just as paradoxical in their effects. As Elizabeth Jacka and Susan Dermody (1988, p. 113) put it so plainly: ‘our cars kill us, and without them we would die’. The case of the girl who vanished from a road is not an unusual event in Australia. However, it has led to a conjunction of long-lasting effects, particularly on the community of Mackay, that are. The case has never been solved, not due to a desire to solve it, but ironically because of the very methods initially employed to do so. © 2021 by Emerald Publishing Limited.

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