House of Assembly - Fifty-Third Parliament, Second Session (53-2)
2017-10-17 Daily Xml

Contents

Future Fund

Mr VAN HOLST PELLEKAAN (Stuart) (15:10): My question is for the Minister for Mineral Resources and Energy. Is the government standing by its 2015 commitment to put 7 per cent of total royalties revenue received in years when the state budget is in surplus into a future fund?

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy) (15:11): We will be doing all we can to make the future fund a reality. The Premier and indeed the cabinet are very keen to make sure that the future fund is operational, and we will have more details to say about that very soon.