Urban Renewal Authority (URA)
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- The URA purchased a portfolio of TAFE SA properties from the Department of State Development on 1 March 2017 for $619 million. The purchase was funded through new borrowings of $400 million and equity contributions of $219 million provided by the SA Government.
- The Minister for Housing and Urban Development issued a direction to address a 2015 recommendation by the Independent Commissioner Against Corruption to clarify the reporting relationship, reporting requirements and decision-making responsibility between the Chief Executive, the Board and the Minister.
- The URA does not have a final, approved ownership framework