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Legislative Council - Fifty-Fourth Parliament, First Session (54-1)
2018-05-30 Daily Xml
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Brabham Supercar

The Hon. F. PANGALLO (15:15): I seek leave to make a brief explanation before asking the Treasurer, the Hon. Rob Lucas, or the Minister for Trade, Tourism and Investment, the Hon. David Ridgway—

Members interjecting:

The Hon. F. PANGALLO: We've got to work out which one—about the Brabham supercar.

Leave granted.

The Hon. F. PANGALLO: I note the lavish launch last night in Adelaide of the extravagant Brabham supercar which is to be manufactured in Adelaide and sold to exclusive luxury car buyers and collectors for the significant sum of $1.8 million each. My question is: can the Treasurer or the Minister for Trade, Tourism and Investment inform the house if the South Australian government and taxpayers have offered the company a financial incentive to set up shop in South Australia, including whether it has contributed to the establishment of the manufacturing plant of Edinburgh Parks and, if so, how much and what benefit will there be for the state?

The Hon. R.I. LUCAS (Treasurer) (15:16): I am happy to take the detail of the question on notice. What I can say at the outset is that I can absolutely, unequivocably, rule out the prospect of when the replacement of the ministerial fleet comes around that the Brabham car will be the replacement for the Holden. The price is a little bit out of the range of the parsimonious incoming Marshall Liberal government.

In relation to whether or not a financial incentive is provided, certainly from the media reports in the last 24 hours my understanding is that the former government did make a financial commitment. My recollection from the media reports was that it might have been of the order of around about $1½ million but I am happy to take on notice as to whether that was a grant or a loan, or a combination of grants and loans, and what the arrangements in relation to the former government's offer of assistance might have been.

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