Elite sailors might consider plying their trade on the waters of South Australia's Gulf St Vincent after the sport's successful Olympics campaign, Premier Jay Weatherill says.
Noting Australia's success in sailing at the London Games and reports that the NSW Institute of Sport is set to scrap its sailing program, Mr Weatherill has touted the waters off Adelaide's coast as a great place for the sport.
"We have a beautiful gulf which is one of the great bodies of water to support sailing," the premier said on Monday.
"So that's something that did cross my mind, the opportunities to promote South Australia as a fantastic venue for the sport of sailing."
Asked if the state government might look to establish a broader elite sailing program to attract more potential Olympians, Mr Weatherill said: "You never know, they are interesting ideas."
Sailing was the success story in London for the Australians, who won three gold and one silver medal.
None came from SA, but the state's 39 athletes did win one gold medal through track cyclist Anna Meares as well as two silver and five bronze medals.
A parade and public reception will be held in Adelaide on August 23 to welcome back the athletes, with opportunities for fans to talk to them and get their autographs.
Mr Weatherill said he wanted to congratulate all the state's competitors and pointed out that if South Australia were a country it would have finished 40th in the medal tally, above Ireland.
He said South Australia would also look at its own elite sports programs in the wake of the latest Olympics campaign.
"We will give some considerations to how these Olympics have been conducted and any lessons that may have for South Australia," the premier said.