Mid-Year Budget Review delivers ongoing operating surpluses as Government focuses on growing jobs, economy

The Marshall Liberal Government’s 2019-20 State Budget is on track to deliver a surplus and maintain projected modest surpluses across the forward estimates, according to the Mid-Year Budget Review (MYBR), released today. It follows a return to surplus in the Marshall Government’s first Budget (2018-19) of $289 million, turning around a significant $313 million deficit left by the former Labor…

Marshall Liberal Government’s first Budget back in the black – posting $289m surplus, after years of Labor deficits

South Australia’s State Budget is firmly back in the black, with the Marshall Liberal Government recording a $289 million surplus in its first State Budget in 2018-19 – turning around a massive $313 million deficit left by the former Labor government. In fact, Labor’s gross financial mismanagement and incompetence has been highlighted by the fact…