The State Government has expressed great disappointment in the decision by the Australian Education Union to create ‘unnecessary confusion, disruption and chaos’ for parents, grandparents and students by pushing ahead with a full-day school strike on Monday, in the final week of Term 2. Treasurer Rob Lucas said hard-working South Australian families and children would be unfairly punished by the…
The State Government has urged union bosses at the Australian Education Union to show some compassion, common sense and courtesy towards parents, grandparents and students by postponing their full-day school strike a week to coincide with the start of school holidays. Treasurer Rob Lucas said hardworking families shouldn’t be unfairly punished by union bosses’ insistence on industrial action, which could see…
Independent global ratings agencies, Moody’s and S&P Global, have both given the Marshall Liberal Government’s second State Budget a tick of approval, with the Government applauded for its ‘solid financial management’. The agencies have publicly endorsed the Government’s sustainable budget program which includes a significant projected increase in net debt to fund a pipeline of productive, job-creating infrastructure, with Moody’s describing…
The Marshall Liberal Government’s second State Budget projects a modest surplus in 2019-20 and across each year of the forward estimates despite a significant write-down in forecast GST grant revenues. The 2019-20 State Budget’s net operating surplus of $94 million in 2019-20 maintains the strong fiscal record of the Marshall Liberal Government whilst growing the economy and…
The Marshall Liberal Government has announced a sweeping $104.5 million housing stimulus package in the 2019-20 State Budget that will grow local jobs, support the local construction industry and assist more South Australians, particularly first-home buyers, break into the property market. The centerpiece of the Government’s stimulus package is $21.4 million for the South Australian Housing Authority to undertake…
The Marshall Liberal Government is delivering around $700 million in promised tax cuts to South Australian families and businesses over the next four years, by abolishing payroll tax for small businesses, slashing ESL bills for households and businesses and cutting land tax (from July 1, 2020). In addition, the Government will extend existing land tax reforms. The…
The Marshall Liberal Government has announced it has made a formal enterprise agreement offer to the Australian Education Union and the Public Service Association of SA on behalf of the state’s 28,000 teachers, principals and support staff, which includes salary increases of 2.35 per cent per annum up until May 2022. The offer – worth more than $699…
Claims made by corporate bookies and others that a significant reduction in the betting operations tax (BOT) rate would lead to an overall increase in wagering revenues to Government have been dismissed as wrong by an independent report. Treasurer Rob Lucas said that Treasury officials had long held the view that any potential reduction in the betting operations…
The State Government has welcomed the move by private insurer, QBE, to reduce its CTP insurance premiums offered to private passenger vehicles and all goods carrying light vehicles, such as utes, to the lowest rate possible under full-competition. QBE’s new CTP rate of $296.77 for a private passenger vehicle in metropolitan Adelaide and the Hills (premium class 1) – to come…
Investors are returning to South Australia with enormous confidence, with latest ABS figures showing a 37% rise in private new capital expenditure in the past year under the reformist Marshall Liberal Government. The 37% jump in real private new capital expenditure in the March 2019 quarter, compared with the March 2018 quarter, is largely off…