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Legislative Council - Fifty-Third Parliament, Second Session (53-2)
2016-10-18 Daily Xml
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Asset Recycling Fund

The Hon. R.I. LUCAS (14:57): My question is directed to the minister representing the Treasurer. Has the government been advised that the commonwealth government will make payments of $42 million to South Australia as part of the Asset Recycling Fund? If so, when will that funding be paid? Secondly, given that the estimated receipts for the MAC privatisation are now estimated to be $2.1 billion, did the guidelines for the Asset Recycling Fund allow for payments of up to 15 per cent of the $2.1 billion (or about $350 million) if eligible infrastructure projects had been approved to that level of about $2.1 billion?

The Hon. K.J. MAHER (Minister for Employment, Minister for Aboriginal Affairs and Reconciliation, Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for Science and Information Economy) (14:57): I thank the honourable member for his question. Once again, I am happy to refer that to the minister the question was asked of—the Treasurer—and bring back a reply as soon as I possibly can.

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