Question Time

TOURISM COMMISSION

The Hon. D.W. RIDGWAY (Leader of the Opposition) (14:19): My question is to the minister for Tourism. Why did the South Australian Tourism Commission (which now has a part-time chief executive officer) conduct foreign exchange hedges at a loss of $418,000 in 2011, and why did it lose $731,000 on foreign exchange hedges in 2010? That is a total loss to the South Australian taxpayers of more than $1 million.

The Hon. G.E. GAGO (Minister for Agriculture, Food and Fisheries, Minister for Forests, Minister for Regional Development, Minister for Tourism, Minister for the Status of Women) (14:19): I thank the honourable member for his question. I do not have the details to provide an answer here today. I will take the question on notice and bring back a response.