<!--The Official Report of Parliamentary Debates (Hansard) of the Legislative Council and the House of Assembly of the Parliament of South Australia are covered by parliamentary privilege. Republication by others is not afforded the same protection and may result in exposure to legal liability if the material is defamatory. You may copy and make use of excerpts of proceedings where (1) you attribute the Parliament as the source, (2) you assume the risk of liability if the manner of your use is defamatory, (3) you do not use the material for the purpose of advertising, satire or ridicule, or to misrepresent members of Parliament, and (4) your use of the extracts is fair, accurate and not misleading. Copyright in the Official Report of Parliamentary Debates is held by the Attorney-General of South Australia.-->
<hansard id="" tocId="" xml:lang="EN-AU" schemaVersion="4.0" xsi:noNamespaceSchemaLocation="hansard_1_0.xsd" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2007/XMLSchema-instance" xmlns:mml="http://www.w3.org/1998/Math/MathML">
  <name>Legislative Council</name>
  <date date="2025-06-18T11:00:00+09:30" />
  <sessionName>Fifty-Fifth Parliament, First Session (55-1)</sessionName>
  <parliamentNum>55</parliamentNum>
  <sessionNum>1</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>Legislative Council</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="9077" />
  <endPage num="9196" />
  <dateModified time="2025-06-19T15:24:47+09:30" />
  <proceeding continued="true" uid="6246adabcf044f959a49565b31406ed7">
    <name>Answers to Questions</name>
    <subject uid="01440e2d55fd49e796d12640f476a08c">
      <name>State Debt</name>
      <text id="20250618cad7868342b54bc2b0001934">
        <inserted>
          <heading>State Debt</heading>
        </inserted>
      </text>
      <talker role="member" id="6929" referenceid="53ca1cd2e19847a59766892bec169fa3" uid="47a8c02ad8764132844929f2f09cfa94" kind="question">
        <name>The Hon. S.L. GAME</name>
        <house>Legislative Council</house>
        <questions>
          <question date="2025-06-18T01:30:00+09:30">
            <name>State Debt</name>
          </question>
        </questions>
        <startTime time="2025-06-19T00:00:00+09:30" />
        <text id="20250618cad7868342b54bc2b0001935">
          <inserted>
            <timeStamp time="2025-06-19T00:00:00+09:30" />In reply to <by role="member" id="6929" referenceid="53ca1cd2e19847a59766892bec169fa3" uid="47a8c02ad8764132844929f2f09cfa94">the Hon. S.L. GAME </by>().13 May 2025).  </inserted>
        </text>
      </talker>
      <talker role="member" id="4697" referenceid="c1607c57d2294390bdc2b07c15f35010" uid="651380fd81b2480981e298349e413e42" kind="answer">
        <name>The Hon. K.J. MAHER</name>
        <house>Legislative Council</house>
        <portfolios>
          <portfolio id="">
            <name>Minister for Aboriginal Affairs</name>
          </portfolio>
          <portfolio id="">
            <name>Attorney-General</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Industrial Relations and Public Sector</name>
          </portfolio>
          <portfolio id="">
            <name>Special Minister of State</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2025-06-18T01:30:00+09:30">
            <name>State Debt</name>
          </question>
        </questions>
        <text id="20250618cad7868342b54bc2b0001936">
          <inserted>
            <by role="member" id="4697" referenceid="c1607c57d2294390bdc2b07c15f35010" uid="651380fd81b2480981e298349e413e42">The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector, Special Minister of State):</by>  The Treasurer has advised:</inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001937">
          <inserted>1.&amp;#x9;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. </inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001938">
          <inserted>2.&amp;#x9;The government has not borrowed money to specifically fund energy rebates to South Australian taxpayers. </inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001939">
          <inserted>3.&amp;#x9;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. </inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001940">
          <inserted>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. </inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001941">
          <inserted>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. </inserted>
        </text>
        <text id="20250618cad7868342b54bc2b0001942">
          <inserted>The annual report is available on SAFA's website.</inserted>
        </text>
      </talker>
    </subject>
  </proceeding>
</hansard>