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  <name>Estimates Committee A - Answers to Questions</name>
  <date date="2012-11-30T00:00:00+10:30" />
  <sessionName>Fifty-Second Parliament, Second Session (52-2)</sessionName>
  <parliamentNum>52</parliamentNum>
  <sessionNum>2</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>Estimates Committee A - Answers to Questions</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="9" />
  <endPage num="29" />
  <dateModified time="2023-06-16T13:35:01+09:30" />
  <proceeding continued="true">
    <name>Estimates Replies</name>
    <subject>
      <name>Bio SA, Incubator</name>
      <text id="201211304b85fd4dba72403f90000206">
        <heading>BIO SA, INCUBATOR</heading>
      </text>
      <talker role="member" id="4338" kind="question">
        <name>In reply to Mr MARSHALL</name>
        <house>House of Assembly</house>
        <electorate id="">Norwood</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Leader of the Opposition</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2012-11-30">
            <name>BIO SA, INCUBATOR</name>
          </question>
        </questions>
        <text id="201211304b85fd4dba72403f90000207">In reply to <by role="member" id="4338">Mr MARSHALL (Norwood—Deputy Leader of the Opposition)</by> (26 June 2012).</text>
      </talker>
      <talker role="member" id="3119" kind="answer">
        <name>The Hon. T.R. KENYON</name>
        <house>House of Assembly</house>
        <electorate id="">Newland</electorate>
        <portfolios>
          <portfolio id="">
            <name>Minister for Employment</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Science and Information Economy</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Recreation and Sport</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2012-11-30">
            <name>BIO SA, INCUBATOR</name>
          </question>
        </questions>
        <text id="201211304b85fd4dba72403f90000208">
          <by role="member" id="3119">The Hon. T.R. KENYON (Newland—Minister for Employment, Higher Education and Skills, Minister for Science and Information Economy, Minister for Recreation and Sport):</by>  The operating costs of the Incubator are paid for by direct revenue generated by the Incubator itself. The Incubator charges rents to its tenants and receives hiring fees for its conference centre facilities.</text>
        <text id="201211304b85fd4dba72403f90000209">The direct costs of operating the Incubator, such as maintenance, security, costs of common areas (power, cleaning, etc.) and the direct salaries (at cost) of the staff operating the facility are charged against this income.</text>
        <text id="201211304b85fd4dba72403f90000210">Tenants are also charged their share of outgoings such as power, telephones, cleaning, waste disposal, etc. The outgoings for each tenancy are measured and recharged on a usage basis.</text>
        <text id="201211304b85fd4dba72403f90000211">The net result of Incubator operations is break even.</text>
        <text id="201211304b85fd4dba72403f90000212">Because the net cost of operating the Incubator is zero there is no budget allocation for the Incubator, neither does it make a contribution to consolidated revenue.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>