House of Assembly Fifty-Fifth Parliament, First Session (55-1) 55 1 Parliament of South Australia House of Assembly published Estimates Replies Government Land Improvements Government Land Improvements The Hon. D.J. SPEIRS House of Assembly Black Government Land Improvements In reply to the Hon. D.J. SPEIRS (Black) (20 June 2024). (Estimates Committee A) The Hon. P.B. MALINAUSKAS House of Assembly Croydon Premier Government Land Improvements The Hon. P.B. MALINAUSKAS (Croydon—Premier): I have been advised: Land and improvements non-current assets include land holdings, buildings, construction works in progress and right-of-use assets from leases. The increase in land and improvements from 2023-24 estimated result ($224.389 million) to 2024-25 budget ($400.990 million) is $177.601 million. Total investing expenditure in 2024-25 is budgeted to be $200.608 million as outlined in the investing expenditure summary. Of this, $183.581 million relates to the increase in land and improvements non-current assets balance in 2024-25. Land and improvements budgeted investing expenditure in 2024-25 is made up of the following: Northern Water project ($78.340 million); Tarrkarri–Centre for First Nations Cultures ($36.000 million); Cultural institution collections storage facility ($25.000 million); Lyndoch Recreation Park redevelopment ($16.000 million); The Innovation Hub at Lot Fourteen ($14.025 million); Arts accommodation for the State Theatre Company, State Opera of South Australia and Country Arts SA ($11.192 million); and Minor capital works undertaken as part of the annual program ($3.024 million). The increase of $183.581 million in land and improvements relating to investing expenditure is offset by budgeted depreciation of assets during 2024-25 of $5.980 million.