House of Assembly - Fifty-Third Parliament, First Session (53-1)
2014-05-06 Daily Xml

Contents

Penrice Soda

Mr HAMILTON-SMITH (Waite) (16:34): Supplementary question: I thank the minister for offering to come back to the house, but could he tell us either now or in that answer what the estimated total dollar value of any risk to the taxpayer from Penrice Soda administration is, including any remediation issues, if any?

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy, Minister for Small Business, Minister for Automotive Transformation) (16:34): Yes, the risk issues would be a bit harder to put a quantum on, but I will get the very best advice from State Development back to the house. The risk issue is one aspect in terms of remediation costs; the forgone royalties is another, so I will get a detailed answer for you on both those aspects.