House of Assembly: Thursday, September 12, 2019

Contents

Housing Authority

In reply to Ms COOK (Hurtle Vale) (26 July 2019). (Estimates Committee B)

The Hon. J.M.A. LENSINK (Minister for Human Services): The SA Housing Authority has advised:

The reduction in cash reserves over the forward estimates is as follows:

SA Housing Authority Cash Reserves
2019-20 2020-21 2021-22 2022-23
$'000 $'000 $'000 $'000
Opening Balance 771,726 607,072 512,305 344,240
Closing Balance 607,072 512,305 344,240 171,852
Movement -164,654 -94,767 -168,065 -172,388