ASSET SALES

The Hon. I.F. EVANS (Davenport) (14:43): My question is to the Minister for Education and Children's Services. Why did the government sell approximately $7 million worth of education department assets for just $1.7 million, around $5.3 million under value? The Auditor-General's Report indicates that proceeds from the disposal of assets over the last year was $1.703 million, the value of the assets disposed was $7.046 million, a loss of some $5.3 million. Can the minister explain why?

The Hon. J.D. LOMAX-SMITH (Adelaide—Minister for Education and Children's Services, Minister for Tourism, Minister for the City of Adelaide) (14:44): I thank the member for this question about asset sales. I do not have those details to hand but I will get back to him.