VAILO Company Founder

The Hon. V.A. TARZIA (Hartley—Leader of the Opposition) (14:16): So you are asking me to repeat the whole question again? Okay. My question is to the Premier. What action, if any, has the government taken in relation to the VAILO founder since June this year? With your leave, sir, and that of the house, I will explain.

Leave granted.

The Hon. V.A. TARZIA: It was reported in The Advertiser that in June the state government slapped a legal caveat restriction on two of the VAILO founder's properties including a luxury $4.6 million home at Glenelg South and a $345,000 Holdfast Bay boat marina berth following the millionaire entrepreneur being embroiled in a state tax debt scandal and being investigated for a potential director ban over a failed medicinal cannabis venture.

The Hon. S.C. MULLIGHAN (Lee—Treasurer, Minister for Defence and Space Industries) (14:17): As the leader canvassed in the explanation to his question, yes, there have been some restrictions placed on properties by the state government due to tax obligations not being fully met, but in regard to the matter of a directorship that, of course, is regulated by the Corporations Act and would be a matter for the federal government.