State Debt

In reply to the Hon. S.L. GAME ().13 May 2025).

The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector, Special Minister of State): The Treasurer has advised:

1. As at 16 May 2025, the South Australian Government Financing Authority (SAFA) had circa $33.2 billion of sustainability bonds on issue. The proceeds raised from the issue of sustainability bonds are applied in a notional way to a pool of public sector assets and are not used to fund specific projects.

2. The government has not borrowed money to specifically fund energy rebates to South Australian taxpayers.

3. As indicated above, the proceeds raised from the issue of sustainability bonds are applied in a notional way to a pool of public sector assets and are not used to fund specific projects.

Coupon payments made by SAFA on its sustainability bonds are paid to the investor holding the sustainability bond on the bond's coupon payment date.

SAFA's Sustainability Bond Framework Annual Report is publicly available and presents a range of output, outcomes and impacts supported by the funds notionally allocated towards the pool of eligible expenditures.

The annual report is available on SAFA's website.