Legislative Council: Thursday, November 28, 2019

Contents

Affordable Housing

The Hon. I. PNEVMATIKOS (14:49): A supplementary question arising from the original answer: will there be a profit component as part of the cost, or profit factor as part of the cost component, of the affordable housing?

The Hon. J.M.A. LENSINK (Minister for Human Services) (14:50): I think that's probably difficult to answer prior to the houses being built. We are certainly not hoping to run those at a loss, but I can assure the honourable member that if there is any—she might like to use that term 'profit' but we have organisations called not-for-profits and they refer to what they have as 'surpluses', I think, so it's really a bit of semantics. But in terms of if there is any funding that is surplus above that, I can assure the honourable member that that will be returning into the assets and programs of the South Australian Housing Trust.