GFG Alliance

Mr TELFER (Flinders) (14:33): My question is to the Treasurer. Has GFG Alliance sought any further financial assistance from the state government and, if so, what was the request and what was the government's response?

The Hon. S.C. MULLIGHAN (Lee—Treasurer, Minister for Defence and Space Industries) (14:33): As I have previously advised the house, there is a financial assistance package that has been on the table for seven years now for GFG: $50 million, which is a state government contribution towards the significant upgrade and improvement of the plant in order to make it more efficient, more productive and more sustainable, both from an operational perspective and also from an environmental perspective. There is not just the state government money on the table but also the federal government money on the table, a bit over $60 million for that same purpose.

Those funds have not been drawn down because GFG, despite making several iterations of promises over recent years, has not been able to make good on its commitments to transform the operations of GFG. That is one of the topics that we remain in conversation with GFG about: when they are able to make good on these transformation plans and hence when they are able to get access to that money that's on the table from the state and federal governments.