GFG Alliance

Mr PATTERSON (Morphett) (15:05): My question is again to the Premier. Does the government intend to force GFG Alliance into administration?

The Hon. P.B. MALINAUSKAS (Croydon—Premier) (15:06): GFG owns the steelworks and they are a legal entity and they've got laws that they need to abide by. The obligation first and foremost is on the directors of GFG. The Corporations Act outlines very clearly, in a way that is not open to interpretation, the obligations on directors of companies in this country and the obligations on those directors include ensuring that they are trading in a way that is solvent; that is to say that debts are being paid as and when they fall due. We would simply submit to GFG—along with any other company that operates within the state of South Australia—that they should honour their directors' duties under the Corporations Act and the law of the land.