Legislative Council - Fifty-Second Parliament, Second Session (52-2)
2012-03-14 Daily Xml

Contents

LAND MANAGEMENT CORPORATION

321 The Hon. D.G.E. HOOD (14 September 2011) (First Session).

1. Can the Minister for Infrastructure advise whether the Government maintains its policy of precluding the Land Management Corporation from undertaking joint ventures?

2. Did the Government introduce this policy to ensure the South Australian taxpayer was not exposed to the significant risks associated with development industry investments?

The Hon. G.E. GAGO (Minister for Agriculture, Food and Fisheries, Minister for Forests, Minister for Regional Development, Minister for Tourism, Minister for the Status of Women): The Minister for Transport and Infrastructure has been advised:

1. The South Australian Government does not have a policy that precludes the Land Management Corporation (LMC) from undertaking joint ventures. Any joint venture proposals from the Board of LMC are considered by the Government on their merits. An example of a recent joint venture entered into by LMC is the Lightsview Joint Venture at Northgate.

2. Not applicable.