Answers to Questions

Hills Limited

In reply to Mr TARZIA (Hartley) (24 February 2016).

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy): The Minister for Manufacturing and Innovation has provided the following advice:

1. $1.5 million

2. When Hills Limited indicated their intention to withdraw from operating the Innovation Centre, they were meeting the KPIs outlined in the agreement. The government is recouping unspent funding. Hills are providing a report on the amount of unspent funding and then will be invoiced for this to be repaid.