Grim growth rate forecasts for SA

Independent forecaster the South Australian Centre for Economic Studies (SACES) is predicting job and economic growth in South Australia this coming year to be only about half of the national rate, Shadow Treasurer Rob Lucas said today. SACES’ May 2006 Economic Briefing Report released yesterday has predicted job growth in 2006-07 of only 1.25% in…

State budget out of control

Massive capital budget blowouts combined with massive unfunded election promises have the Rann Government’s budget spinning wildly out of control, Shadow Treasurer Rob Lucas said today. This follows Mr Foley’s refusal to rule out delays in major transport and other infrastructure projects because of the cost blowouts. “The fact the state budget has been delayed…