House of Assembly: Wednesday, September 09, 2015

Contents

Gillman Land Sale

Ms CHAPMAN (Bragg—Deputy Leader of the Opposition) (14:57): I will take that as a no. My question is to the Treasurer. Was the Gillman development discussed with oil and gas industry representatives during the minister's trip to Canada in February this year?

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy, Minister for Small Business) (14:57): Not to my recollection, but it may have been. I can't remember. I will ask my staff. I had a number of meetings when I was in Canada with potential investors in South Australia, but I don't think the Gillman land was specifically discussed but I will check.

What was discussed is South Australia's prospectivity in the Cooper Basin and the offshore bights. What was discussed was our prospectivity in the Otway Basin. What was discussed was that we are held in very high regard by the Canadian Fraser Institute as being one of the world's best regulators and one of the best jurisdictions to invest in this type of industry—one, for sovereign risks, supportive governance, supportive regulatory framework, stable taxation regimes and, of course, very good regulators. And, I think, there is quite a deal of interest in South Australia, but whether or not there are specifics, I will check and get back.