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<hansard id="" tocId="" xml:lang="EN-AU" schemaVersion="1.0" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xml="http://www.w3.org/XML/1998/namespace" xmlns:xsi="http://www.w3.org/2007/XMLSchema-instance" xmlns:mml="http://www.w3.org/1998/Math/MathML" xsi:noNamespaceSchemaLocation="hansard_1_0.xsd">
  <name>House of Assembly</name>
  <date date="2021-05-11" />
  <sessionName>Fifty-Fourth Parliament, Second Session (54-2)</sessionName>
  <parliamentNum>54</parliamentNum>
  <sessionNum>2</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>House of Assembly</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="5274" />
  <endPage num="5656" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Answers to Questions</name>
    <subject>
      <name>Economic and Business Growth Fund</name>
      <text id="20210511c9c8be04dcf74f1ca0001205">
        <inserted>
          <heading>Economic and Business Growth Fund</heading>
        </inserted>
      </text>
      <talker role="member" id="4842" kind="question">
        <name>The Hon. S.C. MULLIGHAN</name>
        <house>House of Assembly</house>
        <electorate id="">Lee</electorate>
        <questions>
          <question date="2021-04-01" qonNum="451">
            <name>Economic and Business Growth Fund</name>
          </question>
        </questions>
        <text id="20210511c9c8be04dcf74f1ca0001206">
          <inserted>451 <by role="member" id="4842">The Hon. S.C. MULLIGHAN (Lee)</by> (1 April 2021).  As at 31 March 2021, how much of the economic and business growth fund</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001207">
          <inserted>(a)&amp;#x9;Has been committed?</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001208">
          <inserted>(b)&amp;#x9;Has been expended?</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001209">
          <inserted>(c)&amp;#x9;Remains uncommitted?</inserted>
        </text>
      </talker>
      <talker role="member" id="4338" kind="answer">
        <name>The Hon. S.S. MARSHALL</name>
        <house>House of Assembly</house>
        <electorate id="">Dunstan</electorate>
        <portfolios>
          <portfolio id="">
            <name>Premier</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2021-04-01" qonNum="451">
            <name>Economic and Business Growth Fund</name>
          </question>
        </questions>
        <text id="20210511c9c8be04dcf74f1ca0001210">
          <inserted>
            <by role="member" id="4338">The Hon. S.S. MARSHALL (Dunstan—Premier):</by>  I have been advised:</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001211">
          <inserted>As at 31 March 2021:</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001212">
          <inserted>$218.2 million had been committed.</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001213">
          <inserted>Agencies reported having spent $36.0 million on approved economic and business growth fund initiatives.</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001214">
          <inserted>Agreements have been entered into with a number of organisations who will receive funding from the EBGF under the $218.2 million commitments made. These agreements have conditions attached, including FTE targets, with funding provided to the organisation in some cases over six years.</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001215">
          <inserted>The EBGF also funds a number of government programs, with funding profiled over the forward estimates based on expected program timeframes. Some of these programs require agencies to enter into separate grant agreements or contracts, with payments expected to be made based on milestone achievement.</inserted>
        </text>
        <text id="20210511c9c8be04dcf74f1ca0001216">
          <inserted>$101.8 million was uncommitted.</inserted>
        </text>
      </talker>
    </subject>
  </proceeding>
</hansard>