<!--The Official Report of Parliamentary Debates (Hansard) of the Legislative Council and the House of Assembly of the Parliament of South Australia are covered by parliamentary privilege. Republication by others is not afforded the same protection and may result in exposure to legal liability if the material is defamatory. You may copy and make use of excerpts of proceedings where (1) you attribute the Parliament as the source, (2) you assume the risk of liability if the manner of your use is defamatory, (3) you do not use the material for the purpose of advertising, satire or ridicule, or to misrepresent members of Parliament, and (4) your use of the extracts is fair, accurate and not misleading. Copyright in the Official Report of Parliamentary Debates is held by the Attorney-General of South Australia.-->
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  <name>House of Assembly</name>
  <date date="2009-11-19" />
  <sessionName>Fifty-First Parliament, Third Session (51-3)</sessionName>
  <parliamentNum>51</parliamentNum>
  <sessionNum>3</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>House of Assembly</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="4785" />
  <endPage num="4863" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Question Time</name>
    <subject>
      <name>Trade and Economic Development Department</name>
      <text id="20091119ea9e2c73559b4b9da0000892">
        <heading>TRADE AND ECONOMIC DEVELOPMENT DEPARTMENT</heading>
      </text>
      <talker role="member" id="3118" kind="question">
        <name>Mr GRIFFITHS</name>
        <house>House of Assembly</house>
        <electorate id="">Goyder</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Leader of the Opposition</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2009-11-19">
            <name>TRADE AND ECONOMIC DEVELOPMENT DEPARTMENT</name>
          </question>
        </questions>
        <startTime time="2009-11-19T15:08:00" />
        <text id="20091119ea9e2c73559b4b9da0000893">
          <timeStamp time="2009-11-19T15:08:00" />
          <by role="member" id="3118">Mr GRIFFITHS (Goyder—Deputy Leader of the Opposition) (15:08): </by> My question is to the Treasurer—or, indeed, is it the Premier in waiting, Kevin? You might have to explain to me later on. In what investment product did the Department of Trade and Economic Development—</text>
        <text id="20091119ea9e2c73559b4b9da0000894">
          <event kind="interjection" role="member" id="56">Members interjecting:</event>
        </text>
      </talker>
      <talker role="member" id="627">
        <name>The Speaker</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000895">
          <by role="member" id="627">The SPEAKER:  </by>Order!</text>
      </talker>
      <talker role="member" id="3118">
        <name>Mr GRIFFITHS</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000896">
          <by role="member" id="3118">Mr GRIFFITHS: </by> In what investment product did the Department of Trade and Economic Development invest nearly $2.8 million and lose the entire amount, as revealed by the Auditor-General's 2008-09 report, who made the decision to invest, and what action has the government taken in this matter? Pages 1441 and 1442 of Volume IV of the 2008-09 Auditor-General's Report reveal that 'this shortfall is attributed to the government's investment, resulting in a write-down from $2.789 million investment to a carrying value of nil'.</text>
      </talker>
      <talker role="member" id="532" kind="answer">
        <name>The Hon. K.O. FOLEY</name>
        <house>House of Assembly</house>
        <electorate id="">Port Adelaide</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Premier</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Industry and Trade</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Federal/State Relations</name>
          </portfolio>
        </portfolios>
        <startTime time="2009-11-19T15:09:00" />
        <text id="20091119ea9e2c73559b4b9da0000897">
          <timeStamp time="2009-11-19T15:09:00" />
          <by role="member" id="532">The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations) (15:09): </by> Is it not interesting how the shadow treasurer waits until 10 past 3, cameras gone bar one, to ask me a question? Because you are running scared; we know that. What I also find extraordinary is that two days ago, I think, or a day ago, I had a 45 minute questioning session on the Auditor-General's Report, and that question was not asked. So, I say to the deputy leader, if this is such an important question, why didn't the shadow minister—</text>
      </talker>
      <talker role="member" id="1804">
        <name>Ms CHAPMAN</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000898">
          <by role="member" id="1804">Ms CHAPMAN:</by>  Point of order: standing order 127. He is clearly impugning the motive of the questioner on this matter. It is a personal reflection.</text>
      </talker>
      <talker role="member" id="627">
        <name>The Speaker</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000899">
          <by role="member" id="627">The SPEAKER: </by> Order! There is no point of order. He is not impugning the character of anyone.</text>
      </talker>
      <talker role="member" id="532">
        <name>The Hon. K.O. FOLEY</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000900">
          <by role="member" id="532">The Hon. K.O. FOLEY:</by>  Sir, the point I am making is—and I am happy to get an answer for the deputy leader; that's not an issue—but—</text>
        <text id="20091119ea9e2c73559b4b9da0000901">
          <event kind="interjection" role="member" id="56">Members interjecting:</event>
        </text>
      </talker>
      <talker role="member" id="627">
        <name>The Speaker</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000902">
          <by role="member" id="627">The SPEAKER:  </by>Order!</text>
      </talker>
      <talker role="member" id="532">
        <name>The Hon. K.O. FOLEY</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000903">
          <by role="member" id="532">The Hon. K.O. FOLEY:</by>  No, I haven't got the information at hand.</text>
        <text id="20091119ea9e2c73559b4b9da0000904">
          <event kind="interjection" role="member" id="44">Mr Pengilly interjecting:</event>
        </text>
      </talker>
      <talker role="member" id="627">
        <name>The Speaker</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000905">
          <by role="member" id="627">The SPEAKER:  </by>Order!</text>
      </talker>
      <talker role="member" id="532">
        <name>The Hon. K.O. FOLEY</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000906">
          <by role="member" id="532">The Hon. K.O. FOLEY:</by>  Fashion design from Mr Bean, hey? Crikey! Mr Speaker, I just simply say that I have waited now three days, and probably a lot more, for a probing question on the finances of this state. We wait until the very end of question time on the last day, and it is a question that he could have asked me a day and a half ago.</text>
        <text id="20091119ea9e2c73559b4b9da0000907">
          <event kind="interjection" role="member" id="56">Members interjecting:</event>
        </text>
      </talker>
      <talker role="member" id="627">
        <name>The Speaker</name>
        <house>House of Assembly</house>
        <text id="20091119ea9e2c73559b4b9da0000908">
          <by role="member" id="627">The SPEAKER:  </by>Order! The Leader of the Opposition.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>