House of Assembly - Fifty-Second Parliament, Second Session (52-2)
2012-03-13 Daily Xml

Contents

TIGER AIRWAYS

Mr MARSHALL (Norwood) (14:58): My question is to the Minister for Manufacturing, Innovation and Trade. Given that the minister told parliament that the government would recoup 'every last cent' of the $2.25 million granted to Tiger Airways, can the minister inform the house how much the government has recouped to date now that Tiger has relocated to Sydney?

The Hon. A. KOUTSANTONIS (West Torrens—Minister for Manufacturing, Innovation and Trade, Minister for Mineral Resources and Energy, Minister for Small Business) (14:58): It is my view that Tiger Airways have breached their agreement. The government, through the South Australian Government Financing Authority (SAFA), has taken steps to commence the recovery process in accordance with the deed between the government and Tiger Airways. The Treasurer and I have instructed SAFA to continue to pursue Tiger for the money that was owed for breaching its contract with the state. The government intends to hunt Tiger Airways relentlessly until they repay what is owed.

Members interjecting:

The SPEAKER: Order!