SOUTH AUSTRALIAN INVESTMENT SYMPOSIUM

180 Mr HAMILTON-SMITH (Waite) (30 November 2010). With reference to Budget Paper 4, volume 1, page 2.7, Highlights 2009-10, South Australian Investment Symposium—

1. What was the total cost of the 'South Australian Investment Symposium'?

2. How many staff were allocated to the 'South Australian Investment Symposium'?

3. How many South Australian jobs were created by the 'South Australian Investment Symposium'?

The Hon. A. KOUTSANTONIS (West Torrens—Minister for Mineral Resources Development, Minister for Industry and Trade, Minister for Small Business, Minister for Correctional Services): I have been advised the following:

1. The total cost of the South Australian Investment Symposium held in November 2009 was $106,737 (exclusive of GST). Sponsorship dollars received totalled $41,105 (exclusive of GST), resulting in a net cost of $65,632.

2. The Department of Trade and Economic Development had 0.35 of a full-time equivalent (FTE) resource allocated to organising the Investment Symposium.

3. The Investment Symposium provided a platform for the State Government to promote the State's pro-business and investment environment, highlight investment opportunities to business leaders and launch the SA Major Developments Directory. It showcased the diverse array of projects in our all-time high of $80 billion of major projects.

The Investment Symposium contributes to investment, growth and jobs by spreading information about the unprecedented business opportunities available in South Australia.