Extract from Hansard Legislative Council 28 September 1999
Sandra Kanck Deputy Leader Australian Democrats Member of the Legislative Council		Parliament Index 1999 Spring Session Index Browse by Subject About the SA Parliament Hansard on line

ELECTRICITY PRIVATISATION

In reply to Hon. SANDRA KANCK (27 July) and answered by letter on 20 August 1999.

The Hon. R.I. LUCAS (Treasurer):

1. In 1997-98, $6.8 million was paid to consultancies. In 1998-99, of the $34.6 million paid to consultancies, $ 19.6 million related to disaggregation, $12.7 million related to privatisation and $2.3 million related to Pelican Point.

2. No further costs relating to disaggregation are anticipated in the years 1999-2000 and 2000-01. Operating budgets for privatisation for those years are currently being developed as initial budgets were based on the premise that privatisation would not continue. However, total consultancy costs are expected to be between 1 per cent and 2 per cent of total lease proceeds.

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