FORESTRYSA

In reply to Mr PEDERICK (Hammond) (1 July 2011) (Estimates Committee B).

The Hon. M.F. O'BRIEN (Napier—Minister for Agriculture and Fisheries, Minister for Forests, Minister for Energy, Minister for the Northern Suburbs): The data in response to your request for land purchased by ForestrySA in the last two fiscal years is:

Land Acquisition Budget 2009-10: $12.0m

Land Acquisition Budget 2010-11: $12.0m

Actual Land Acquisition 2009-10: $1.932m for 612.2ha plus Standing Timber on this land $1.202m for 230.9 ha.

Actual Land Acquisition 2010-11: $6.619m for 1,557.5ha plus Standing Timber on this land $3.896m for 371 ha.

These costs include both purchase consideration and stamp duty, and do not differentiate between debt financed (generally the land purchase consideration only) and cash balance financed (standing timber and all stamp duty).

All land purchased was in the Green Triangle.

A breakdown by State of these land purchases are as follows: