S&P upgrades South Australia’s global credit rating to AA+

The Marshall Liberal Government has today welcomed an announcement by global ratings agency S&P that it has upgraded South Australia’s long-term credit rating to AA+ based on a stable economic outlook and expectations of sustained operating surpluses. S&P reported: “South Australia’s disciplined approach toward expenditure measures is likely to sustain its operating surpluses.” “The government…

KordaMentha confirms Labor’s massive Health overspending scandal

Highly-regarded corporate advisory firm KordaMentha has presented a report to the Government which has confirmed the extent of the former Labor government’s massive health overspending scandal in the Central Adelaide Local Health Network (CALHN). The recent report is forecasting massive overspending of $303 million in CALHN (including Statewide Clinical Services) for 2018-19 unless urgent corrective…

Treasury staff to move to Port Adelaide

South Australian public sector employees working within the Department of Treasury and Finance’s Shared Services SA division and other divisions will be relocated to a new government office building in Port Adelaide. The 260 staff – who perform a range of administrative functions across government, including financial accounting, procurement, injury management and business systems and…

Malinauskas must condemn bullying and intimidation by union bosses and members

Labor leader and former union boss Peter Malinauskas must immediately condemn the bullying and intimidation of some workers during yesterday’s union organised protest against budget decisions. Treasurer Rob Lucas said most South Australians would have been appalled at television footage of union bosses and members at the Adelaide Remand Centre screaming abuse and calling a…