STATE ASSET SALES

In reply to the Hon. I.F. EVANS (Davenport) (26 June 2013).

The Hon. J.W. WEATHERILL (Cheltenham—Premier, Treasurer, Minister for State Development, Minister for the Public Sector, Minister for the Arts): I have been advised of the following:

The external costs to government for managing the forward sale of the state's Green Triangle forest plantations and the appointment of a master agent to SA Lotteries was $20.5 million (which included consultants, legal costs and other direct and indirect project costs), which represented 1.87 per cent of the combined sales price.

In comparison, the total transaction costs for the long term lease of the state's electricity assets in 1999 and 2000 were 2.47 per cent of proceeds.