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House of Assembly - Fifty-Second Parliament, First Session (52-1)
2010-05-25 Daily Xml
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ADELAIDE OVAL

The Hon. I.F. EVANS (Davenport) (14:41): My question is to the Treasurer. Will the state government have to contribute any money above the $535 million to make Adelaide Oval FIFA compliant? In the last week of sitting the Treasurer advised the house that the state government would have to contribute no funds above the $450 million (at that point) to make Adelaide Oval FIFA compliant. In today's ministerial statement the Treasurer said:

In the event that Australia is successful in its bid to host the football World Cup in either 2018 or 2022, the commonwealth government will provide matching funds to South Australia to meet the cost of the stadium infrastructure and training facilities. The commonwealth funds are significant and are capped well in excess of the $100 million in financial support sought by the state.

The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Federal/State Relations, Minister for Defence Industries) (14:42): The stadium will be FIFA compliant. Within the monies that we have announced today—

Members interjecting:

The SPEAKER: Order!

The Hon. K.O. FOLEY: Madam Speaker, honestly, I am happy to answer the question, but if members would rather heckle, I will save the parliament the time of listening to me. I will try to walk you through the answer very quickly.

The Hon. P.F. Conlon interjecting:

The SPEAKER: Order, Minister for Transport!

The Hon. K.O. FOLEY: The stadium will be FIFA compliant to the extent that the playing surface and the internals, etc., will be FIFA compliant. We have a signed agreement with the commonwealth for a figure that I cannot reveal at this stage, but well in excess of $100 million, that will be paid to us on a matching basis, and acknowledging our contribution to the stadium, which we can obviously take, in most part, to the bottom line. There would have to be some small, further expenditure from that commonwealth grant, depending on the victory, for training facilities away from Adelaide Oval, I think, minister for sport—

The Hon. J.W. Weatherill: Yes.

The Hon. K.O. FOLEY: We have to make—

Mr Pengilly interjecting:

The SPEAKER: Order!

The Hon. K.O. FOLEY: —certain training facilities available away from Adelaide Oval for visiting clubs, and we would have to add some further facilities to the Adelaide Oval to cater for pre-match warm-ups for the soccer teams. So, there would be some small additional construction to what is envisaged in this plan. It will be at a smaller cost, and it has to be done by 2022, in the area of change rooms and player warm-ups, but, for all intents and purposes, the oval will be FIFA compliant. Importantly, the vast bulk and the vast majority of the commonwealth funding that will be provided to us, on a matching basis to our contribution, will offset quite significantly our state government's outlays—

Mr Williams: What's it going to match?

The Hon. K.O. FOLEY: Sorry?

Mr Williams: What's it matching?

The Hon. K.O. FOLEY: The commonwealth will be providing us with a figure, provided—

Members interjecting:

The Hon. P.F. Conlon: The money we already put in.

The SPEAKER: Order!

The Hon. K.O. FOLEY: The money we've already put in.

Mr Williams interjecting:

The Hon. K.O. FOLEY: No; I'm not saying 500.

Mr Williams: What is it matching?

The SPEAKER: Order! We have already had one question; it is not a series.

The Hon. K.O. FOLEY: Madam Speaker, members of the opposition are embarrassing themselves by showing their inability to understand public finances. The commonwealth will be providing us with a grant, significantly higher than the original $100 million sought, which will offset dollar for dollar what we have contributed. That would mean we would have contributed at least as much as what they are contributing. That is how it works in government.

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