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The Department of Treasury and Finance supports the South Australian Government's key economic, social and financial policy outcomes through the provision of advice and coordination of resource allocation for government programs.  It also provides financial services to the Government and community, covering asset and liability management, collection of state taxes, insurance and superannuation.

In the 2008-09 Mid Year Budget Review, the South Australian Government announced a package of measures aimed at realising value from divestment of certain assets, including the sale of the Head Lease over the Citi Centre building, and the sale of 11-19 Penny Place, Adelaide.

The Market Projects Unit within the Department of Treasury and Finance is responsible for coordinating the sale process.