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SA government decides against budget $300m HomeStart sell-off

The $300 million-plus HomeStart Finance business is set to remain under the ownership of the South Australian government with new SA Treasurer Tom Koutsantonis understood to have ruled out a sale of the business which has a loan book of $1.96 billion.

Simon Evans
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South Australian Treasurer Tom ­Koutsantonis is understood to have ruled out a sale of the HomeStart Finance business, which has a loan book of $1.96 billion.

The budget will be handed down on Thursday and there has been intense speculation that HomeStart was being prepared for a sell-off.

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    Original URL: https://www.afr.com/politics/federal/sa-government-decides-against-budget-300m-homestart-sell-off-20140616-jgtvl