HOMESTART

In reply to Mr GARDNER (Morialta) (20 June 2012).

The Hon. P.F. CONLON (Elder—Minister for Transport and Infrastructure, Minister for Housing and Urban Development): I have been advised:

The circumstances relating to HomeStart's performance include the gross interest margin being slightly better than expected. When combined with a 2.7 per cent increase in HomeStart's total loan portfolio, this has generated an improvement to operating performance.