However Mr Maguire also told the commission that while he had sought deals,none had eventuated.
Outside ICAC,Mr Maguire apologised for his behaviour. The acting premier,John Barilaro,said Mr Maguire tendered his resignation from his parliamentary secretary's position,and from the parliamentary Liberal Party,and would also take leave.
But Mr Barilaro would not say Mr Maguire should leave Parliament.
"He has now resigned his parliamentary secretary position,which to us was the right thing to do,"Mr Barilaro said.
Earlier,the inquiry heard that Mr Hawatt played a direct role in connecting Sydney developer Charlie Demian with Mr Maguire.
Mr Maguire told Mr Hawatt that he had a “mega big” client looking for deals.
"What I want … I just don’t want to f--- around,"he told Mr Hawatt."Have you got plans? Have you got the whole thing already done?
"My client is mega big,OK.
"If he’s interested my client is mega big and has got mega money and wants two or three DA approved projects right now. Today."
The conversation then turned to the commission that Mr Hawatt,who is under investigation for dishonestly exercising his functions as a councillor,might receive.
"If he’s going to give you 1.5 per cent that’s not enough,"Mr Maguire told Mr Hawatt.
"1.5 per cent isn’t enough divided by two if you know what I’m talking about."
He went on the say that 3 per cent was better.
Mr Maguire met with Mr Demian on multiple occasions. On one occasion,ICAC investigators photographed them with Mr Hawatt,and Country Garden’s Mr Lakos.
Mr Demian provided Mr Maguire a list of his potential development sites,including properties at Parramatta,Canterbury and Camellia.
Mr Maguire said that in the back of his mind he hoped that if Country Garden was successfully established in Australia,it would make investments in his electorate of Wagga Wagga.