ADELAIDE OVAL

Mrs REDMOND (Heysen—Leader of the Opposition) (14:27): My question is to the Treasurer. Why did the Treasurer tell the house in relation to the SACA debt that the government would not be providing a subsidised loan when Treasury official Kevin Cantley told the Budget and Finance Committee that the government will pay up to around $800,000 in interest subsidy? On 27 May 2010 the Treasurer told the house 'If we are providing a loan that would be, I assume, a subsidised loan which would be more than one dollar for us to service—so the answer remains the same, no.'

The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Federal/State Relations, Minister for Defence Industries) (14:28): I have been upfront about this and I made a statement to the house addressing this matter previously.