House of Assembly Fifty-Second Parliament, First Session (52-1) 52 1 Parliament of South Australia House of Assembly published Answers to Questions Auditor-General's Report AUDITOR-GENERAL'S REPORT In reply to Mr GRIFFITHS House of Assembly Goyder AUDITOR-GENERAL'S REPORT In reply to Mr GRIFFITHS (Goyder) (27 October 2011). The Hon. A. KOUTSANTONIS House of Assembly West Torrens Minister for Mineral Resources Development Minister for Industry and Trade Minister for Small Business Minister for Correctional Services AUDITOR-GENERAL'S REPORT 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 am advised that the first two-year phase of the Government's red tape reduction program delivered $168 million a year in savings to business, well ahead of the $150 million target set by the Premier in 2006. Building on this success, in April 2009, the Premier announced a three year, second phase of the program. This aims to reduce the cost of red tape by a further $150 million per annum by 2012. Ernst & Young, appointed to audit the second phase of the program, has assessed annual savings to business of just over $111 million as at 30 June 2010. The identified savings are from initiatives currently included in agency red tape reduction plans which are either fully or partially completed or are in the planning stage.