SA’s strong COVID jobs recovery pre-lockdown as industry welcomes $100 million Business Support Package

  South Australia continues to lead the nation for its strong jobs rebound since the depths of the pandemic, as leading industry groups have thrown their support behind the Marshall Government’s new $100 million Business Support Package and assistance for regional workers.     Total employee jobs in SA increased by a nation-leading 15 per cent (equal with WA) since the…

Global ratings agency affirms confidence in SA economy and state’s strong fiscal management

  Independent global ratings agency, Moody’s, has reaffirmed its confidence in South Australia’s ‘resilient and diverse’ economy and the Marshall Government’s sound financial management – maintaining the state’s existing rating (Aa1, Stable Outlook).   In its latest outlook, released yesterday following last month’s State Budget 2021-22, Moody’s acknowledged there would be a budget impact as…

Cash grants ‘lifeline’ for SA small businesses and income support payments for regional workers

  Tens of thousands of South Australian small and medium-sized businesses that suffer a significant loss of income or have been forced to close as a result of the state’s 7-day lockdown will be offered a $3,000 emergency cash grant as part of a major financial assistance package announced today by the Marshall Liberal Government.…

Jobs surge as SA’s ‘effective’ pandemic management presents long-term benefits for the state: Deloitte

  South Australia’s ‘effective management’ of the COVID-19 pandemic has enabled South Australians to ‘return to normal life faster than most other states’, helping the state avoid the worst of the recession and prompting a surge in locals flooding back into the labour market, a leading national independent economic report says.    The quarterly Deloitte…

Ringing endorsement from SA business community for Riverbank Arena

A cavalcade of prominent South Australian business leaders have endorsed the job creation and economic benefits of the Marshall Liberal Government’s multipurpose Riverbank Arena.   At Business SA’s State Budget Luncheon at Adelaide Oval on Friday, Shadow Treasurer Stephen Mullighan re-stated Labor’s opposition to this job-creating, transformational project, only to be followed by a panel…

Mullighan’s mess – failed Gillman deal costs millions in revenue and thousands of promised jobs

  A deal approved by former Labor Ministers Stephen Mullighan and Tom Koutsantonis, which promised thousands of jobs at Gillman and more than $70 million in revenue, has been another spectacular failure.   Just prior to the last state election, the then Housing and Urban Development Minister Stephen Mullighan – the architect of the deal…

Independent ratings agencies, industry groups respond to SA State Budget 2021-22

Following the release of the State Budget 2021-22, independent credit ratings agencies have noted the state’s improving economic outlook, record job-creating infrastructure investment and strong financial management.   S&P Global said the Budget, handed down by Treasurer Rob Lucas yesterday, shows an ‘improving economic outlook that supports a gradual return to operating surpluses’ and record…