House of Assembly: Thursday, February 04, 2021

Contents

Grant Programs

In reply to the Hon. S.C. MULLIGHAN (Lee) (25 November 2020). (Estimates Committee B)

The Hon. R.I. LUCAS (Treasurer): I have been advised the following:

1. As at 25 November 2020, the total value of contracts under the Economic and Business Growth Fund (EBGF) managed by SAFA remained unchanged at $10.13 million.

2. The $10.13 million in financial assistance from the EBGF has been provided to various entities including Mitsubishi Motors Australia, Sony Interactive, the Southern Launch Project, and the South Australian Landing Pad.

3. The following table shows a breakdown of EBGF funded initiatives as at 25 November 2020:

$'000
Government agency initiatives 189,565
Managed by SAFA 10,130
Other* 13,035
TOTAL 212,730
Unallocated balance 107,270
TOTAL EBGF 320,000


*Not disclosed as commercial in confidence.