Answers to Questions

SA Lotteries

In reply to Mr VAN HOLST PELLEKAAN (Stuart) (12 November 2014). (First Session)

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy, Minister for Small Business):

The Department of Treasury and Finance advises the Lotteries Commission of South Australia made payments to the state government in accordance with the requirements of the State Lotteries Act.

In relation to the Auditor-General's Report, Part B, Volume 6, Note 33, page 2121, contributions from the Lotteries Commission of South Australia were $108,790 million in 2012-13, which is $35,742 million higher than contributions of $73,048 million in 2013-14.

This change in contributions is mainly due to:

The 'one-off' special dividend paid in 2012-13 of $15 million which related to the payment of the balance of all equity reserves and surplus cash as a result of the transaction with Tatts;

The cessation of dividend payments in 2013-14 following the commencement of Master Agent arrangements with Tatts; and

Lower gambling tax in 2013-14 as a result of a reduction in net gambling revenue compared to the prior year.