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 HAMILTON-SMITH House of Assembly Waite AUDITOR-GENERAL'S REPORT In reply to Mr HAMILTON-SMITH (Waite) (27 October 2010). 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 Strategic Industry Support Fund (SISF) has funding of $2 million for the year ended 30 June 2011, incorporated in the Department of Treasury and Finance Budget. Funding for SISF has been discontinued effective from 30 June 2011. The Strategic Industry Development Fund (SIDF) has funding of $2 million per annum for four years commencing the year ended 30 June 2011. SIDF focuses on projects that provide significant net economic benefits through either a substantial increase in employment, substantial business investment or a significant boost to the State's Research and Development capability. The South Australia Innovation and Investment Fund (SAIIF) is a $30 million industry development program. The Commonwealth Government is contributing $27.5 million to the program and the balance of $2.5 million is being contributed by the South Australian Government.