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…
Premier Steven Marshall and Treasurer Rob Lucas have this afternoon met with the global Chairman and CEO of Nyrstar’s largest shareholder, Trafigura, and other senior executives who confirmed payment of $43 million from Nyrstar Port Pirie towards the $291.25 million taxpayer-guaranteed loan for the smelter operations. Trafigura head, Mr Jeremy Weir, had made a special trip to…
The Marshall Government is delivering on its commitment to slash ESL bills for South Australians by putting $90 million a year back into the pockets of families, with an average household set to save more than 50 per cent or $163 in 2019-20 compared with the policy under the former Labor government. Treasurer Rob Lucas…
The State Government has announced a new schedule of fees, fines and charges for 2019-20 – with most increasing by 5 per cent, but with notable exceptions including for reckless hoons, leadfoot company car drivers and motorists on their mobile phones, who will cop very significant hikes in their fines. However, the Government has quarantined…
South Australian motorists will save up to $114 a year on their CTP Insurance premiums when the market opens to full competition on July 1, driving down the overall cost of renewing a motor vehicle’s registration. For a typical Adelaide household with 1.8 vehicles*, this represents a potential saving of more than $205 per household.…
Several large supermarkets found in breach of the Shop Trading Hours Act 1977 have erected permanent walls inside their stores, or reconfigured display cases, fridges and freezers, to reduce their floor space to comply with the law. In total, 11 supermarkets across South Australia had been given a deadline of yesterday to reduce their floor area…