1. Dr Karin Sowada asked -

(a) Does the Sydney Diocesan Superannuation Fund, Anglican Provident Fund, Sydney Diocesan Secretariat, Glebe Administration Board or the Sydney Anglican Church Investment Trust have policies on ethical investments?

(b) Do they have any direct or indirect shareholdings in James Hardie Industries Limited?

(c) If these bodies do have direct or indirect shareholdings in James Hardie Industries, what steps have the Boards and management taken to help ensure that James Hardie meets its obligations to the victims of asbestos-related diseases?

To which the President replied -

(a) The Sydney Diocesan Superannuation Fund, the Glebe Administration Board and the Anglican Provident Fund have ethical investments policies. The Sydney Diocesan Secretariat invests through Glebe Asset Management (a subsidiary of the Glebe Administration Board) and therefore follows the investment policy of the Glebe Administration Board. The Sydney Anglican Church Investment Trust is no longer an operating entity however it used to have an ethical investment policy.

(b) None of these entities have any direct or indirect shareholdings in James Hardie Industries.

(c) Not applicable.