House of Assembly Fifty-Second Parliament, Second Session (52-2) 52 2 Parliament of South Australia House of Assembly published Answers to Questions South East Forest Industry Roundtable SOUTH EAST FOREST INDUSTRY ROUNDTABLE In reply to Mr PEGLER House of Assembly Mount Gambier SOUTH EAST FOREST INDUSTRY ROUNDTABLE In reply to Mr PEGLER (Mount Gambier) (16 October 2013). The Hon. J.W. WEATHERILL House of Assembly Cheltenham Premier Minister for State Development Minister for the Public Sector Minister for the Arts SOUTH EAST FOREST INDUSTRY ROUNDTABLE The Hon. J.W. WEATHERILL (Cheltenham—Premier, Treasurer, Minister for State Development, Minister for the Public Sector, Minister for the Arts): I have been advised the following: The South East Forest Industry Roundtable (SEFIR) was briefed during the entirety of the sale process. SEFIR provided advice on the conditions for the sale of the forward rotations, which were included in the transaction documents to the satisfaction of the SEFIR. SEFIR did not provide any specific conditions relating to the Glencoe nursery. The government always intended that the operator of the forward rotations post-sale would have use of the Glencoe nursery products. The successful bidder, OneFortyOne Plantations Pty Ltd (OFO), submitted in its bid for the forward rotations that it had based its valuation on the assumption that Glencoe nursery would be included in the sale and therefore included the value of the Glencoe Nursery as part of its total bid price. The $670 million purchase price received from OFO included the value of the Glencoe nursery assets. There are many stringent conditions securing the future of the nursery, some of which include: the Glencoe land is to be used only as a nursery roads and tracks must be maintained fire-fighting, prevention and detection capability must be maintained pests and weeds must be controlled.