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  <name>Estimates Committee A - Answers to Questions</name>
  <date date="2009-07-03T00:00:00+09:30" />
  <sessionName>Fifty-First Parliament, Third Session (51-3)</sessionName>
  <parliamentNum>51</parliamentNum>
  <sessionNum>3</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>Estimates Committee A - Answers to Questions</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="1" />
  <endPage num="55" />
  <dateModified time="2023-06-16T13:32:18+09:30" />
  <proceeding continued="true">
    <name>Estimates Replies</name>
    <subject>
      <name>HomeStart Finance</name>
      <text id="2009070316f95e1709804e13b0000211">
        <heading>HOMESTART FINANCE</heading>
      </text>
      <talker role="member" id="1804" kind="question">
        <name>In reply to Ms CHAPMAN</name>
        <house>House of Assembly</house>
        <electorate id="">Bragg</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Leader of the Opposition</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2009-07-03">
            <name>HOMESTART FINANCE</name>
          </question>
        </questions>
        <text id="2009070316f95e1709804e13b0000212">In reply to <by role="member" id="1804">Ms CHAPMAN (Bragg—Deputy Leader of the Opposition)</by> (29 June 2009).</text>
      </talker>
      <talker role="member" id="614" kind="answer">
        <name>The Hon. J.M. RANKINE</name>
        <house>House of Assembly</house>
        <electorate id="">Wright</electorate>
        <portfolios>
          <portfolio id="">
            <name>Minister for Families and Communities</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Northern Suburbs</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Housing</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Ageing</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Disability</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2009-07-03">
            <name>HOMESTART FINANCE</name>
          </question>
        </questions>
        <text id="2009070316f95e1709804e13b0000213">
          <by role="member" id="614">The Hon. J.M. RANKINE (Wright—Minister for Families and Communities, Minister for Northern Suburbs, Minister for Housing, Minister for Ageing, Minister for Disability):</by>  HomeStart Finance's forecast dividend and tax-equivalent payments are derived from a financial model which takes into account the economic and market environment. A number of factors influence future profits, including forecast interest rates and lending volumes.</text>
        <text id="2009070316f95e1709804e13b0000214">The decline in expected dividend and tax-equivalent payments in 2012-13, when compared with 2011-12, partially reflects the interest rate forecasts (sourced from the private sector) used at the time and other market influences which are anticipated to have minimal impact on the profitability of HomeStart Finance.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>