South Australian Government Financing Authority

In reply to the Hon. S.C. MULLIGHAN (Lee) (28 July 2021). (Estimates Committee B)

The Hon. R.I. LUCAS (Treasurer): I have been advised the following:

1. For the period 1 July 2020 to 30 June 2021, 111 claims were reported against Fund 3.

2. For the period 1 July 2020 to 30 June 2021, a total of $11.3 million in premium revenue (gross written premium) has been received.

3. During the period 1 July 2020 to 30 June 2021, $5.68 million was paid out in claim settlements. This value comprises actual payments made on claims reported within the financial year, as well as payments on claims reported in previous periods.